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Google Business NewsFeb 28, 2020
'We're treated like criminals': South Korean sect feels coronavirus backlash - The Guardian
'We're treated like criminals': South Korean sect feels coronavirus backlash  The GuardianCases Soar in Italy, Iran and South Korea as Alarm Grows  The New York TimesCoronavirus live updates: New Zealand reports first case, Tokyo Disneyland shuts down  CNBCHospitals preparing for coronavirus outbreak in U.S.  CBS Evening NewsSouth Korea reports 256 new

CNBC BusinessFeb 28, 2020
Coronavirus live updates: New Zealand reports first case, Tokyo Disneyland shuts down
New Zealand confirmed its first coronavirus case on Friday, a person who returned from Iran.

Yahoo BusinessFeb 28, 2020
World Stock Rout Extends With U.S. Futures Sliding: Markets Wrap
(Bloomberg) -- Fear gripped Asian markets Friday and U.S. futures extended losses after the biggest rout for equities on Wall Street since 2011, with investors flocking to the yen to find shelter from the economic impact of the spreading coronavirus.With the likes of Citigroup Inc. analysts saying they want to see markets "closer to panic" before going all-in on global equities, there was no appetite for dip-buying ahead of the weekend. Japan's Topix Index slid over 4%, and Shanghai and Sydney saw declines of in excess of 3%. Nasdaq futures tumbled more than 2% after a 5% plunge Thursday and European contracts indicated another big slide at the open.New Zealand's dollar fell 1%-plus as the country reported its first case of the virus and investors bet on policy easing from the central bank. Meantime, crude oil collapsed below $46 a barrel. U.S. and Australian 10-year yields were at or near record lows.Global shares are on course for the worst week since the 2008 crisis, down more than 10% from this month's peak. That's after California said it's monitoring 8,400 people for signs of the virus after they had traveled to Asia, confirmed cases in South Korea topped 2,000 and Japan began shutting down schools."The markets are terrified that the disruption is going to hit GDP and then will hit profits at some stage," Andrew Freris, chief executive of Ecognosis Advisory Co in London, told Bloomberg TV. "The only thing central banks can do is cut interest rates, and cutting interest rates isn't going to do a

Reuters Company NewsFeb 27, 2020
GRAINS-Wheat set for biggest monthly drop in 7 amid pandemic fears
U.S. wheat futures on Friday fell to their lowest in two-and-a-half months, as a rise in new coronavirus cases on shores beyond China fuelled fears of a pandemic, pushing the grain towards its biggest monthly drop since last July.

Yahoo BusinessFeb 27, 2020
Korea Cases Top 2,000; Nigeria Confirms Infection: Virus Update
(Bloomberg) -- The number of new coronavirus cases in South Korea crossed 2,000. Japan is closing schools to limit the spread of the outbreak. New cases continue to appear outside of China with Italy, Iran and Kuwait reporting more infections. Nigeria confirmed its first case, the first reported in sub-Saharan Africa.Stocks tumbled with equity markets in Hong Kong, Japan and Australia all losing more than 2%. U.S. health authorities moved to greatly expand the number of people who will be tested, adding travelers from several new countries and people with unexplained, severe respiratory illnesses. California is monitoring 8,400 people for signs of the virus after they traveled to Asia.Key DevelopmentsConfirmed cases worldwide at 83,048; global deaths 2,858China death toll at 2,788, up 44; cases climb to 78,824, up 327South Korea confirms 256 more cases, bringing total to 2,022Limited virus testing in Japan masks true scale of infectionHong Kong dog found to have ‘low level' of virusCoronavirus crisis seeds chaos in Washington and on Wall StreetClick VRUS on the terminal for news and data on the coronavirus and here for maps and charts. For analysis of the impact from Bloomberg Economics, click here.Abe Adviser Says Japan Needs $45 Billion of Extra Spending (11:45 a.m. HK)An adviser to Prime Minister Shinzo Abe said Japan should compile another economic package with fresh spending of at least 5 trillion yen ($45 billion) to respond to a severe hit from the coronavirus outbreak."We should take it very s

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UPDATE 1-S.Korea coronavirus cases raises to 2,022, BTS cancels concert (Reuters Company News)

The Motley FoolFeb 27, 2020
Crude Oil Crashes 13% on Coronavirus-Induced Fears
A big jump in Coronavirus cases around the world is creating turmoil in an oil market that's already oversupplied.
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