South Korea stocks dive beyond 3% after Dow sees worst drop since 1987; Philippines suspends trading [MSNBC.com]
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Source: MSNBC.com
Asia South Korea stocks dive beyond 3% after Dow sees worst drop since 1987; Philippines suspends trading Published Mon, Mar 16 2020 Updated Moments Ago Eustance Huang @EustanceHuang Key Points Stocks in Asia slipped in Tuesday morning trade after shares on Wall Street plunged to their biggest day drop in more than three decades overnight, and Philippines suspended all trading. In Japan, the Nikkei 225 Stocks in Australia pared gains but remained higher, with the S&P/ASX 200 Reserve Bank of Australia's Overall, the MSCI Asia ex-Japan index traded 0.49% lower. Meanwhile, Philippines halted trading at its stock exchange Investor focus on Tuesday will likely remain on the rapidly evolving situation surrounding the global coronavirus outbreak, which has infected more than 181,000 across the world and taken at least 7,113 lives, according to John Hopkins University. "Drastic measures by the Fed and other Central Banks have failed to appease markets with investors still running towards t
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