Traders working on the floor of the New York Stock Exchange react as the rout in global stocks deepened on Thursday after investors showed a lack of faith in the US and European policy responses to the worsening spread of the coronavirus. Photo: Bloomberg
Traders working on the floor of the New York Stock Exchange react as the rout in global stocks deepened on Thursday after investors showed a lack of faith in the US and European policy responses to the worsening spread of the coronavirus. Photo: Bloomberg

Stock rout sends eight Asian indexes into bear markets amid coronavirus crisis as China injects US$78 billion of liquidity

  • India, Singapore, Australia, Japan, Thailand, Indonesia and the Philippines are also in bear markets
  • Australia’s central bank injects large amount of liquidity; US futures turn up; China pledges to support tourism, culture industries

Traders working on the floor of the New York Stock Exchange react as the rout in global stocks deepened on Thursday after investors showed a lack of faith in the US and European policy responses to the worsening spread of the coronavirus. Photo: Bloomberg
Traders working on the floor of the New York Stock Exchange react as the rout in global stocks deepened on Thursday after investors showed a lack of faith in the US and European policy responses to the worsening spread of the coronavirus. Photo: Bloomberg
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