The spread of coronavirus to Europe and the Americas has triggered the worst correction in US stocks since the global financial crisis, putting the world’s economy on course for worst year since 2009. Photo: AFPThe spread of coronavirus to Europe and the Americas has triggered the worst correction in US stocks since the global financial crisis, putting the world’s economy on course for worst year since 2009. Photo: AFP
The spread of coronavirus to Europe and the Americas has triggered the worst correction in US stocks since the global financial crisis, putting the world’s economy on course for worst year since 2009. Photo: AFP

Coronavirus puts global economy at risk of worst year since 2009 crisis as hopes fade, stocks plunge

  • Outbreaks from Europe to the Americas threaten activity elsewhere after already hurt supply chains, tourism and trade in Asia
  • Stocks in Asia fall in tandem as rout in US benchmarks signals worst correction since the global financial crisis

Topic |   Coronavirus pandemic
The spread of coronavirus to Europe and the Americas has triggered the worst correction in US stocks since the global financial crisis, putting the world’s economy on course for worst year since 2009. Photo: AFPThe spread of coronavirus to Europe and the Americas has triggered the worst correction in US stocks since the global financial crisis, putting the world’s economy on course for worst year since 2009. Photo: AFP
The spread of coronavirus to Europe and the Americas has triggered the worst correction in US stocks since the global financial crisis, putting the world’s economy on course for worst year since 2009. Photo: AFP
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