Northern Star

Shares take hit as virus outbreak slams profits, events

ELAINE KURTENBACH

February 18, 2020

BANGKOK (AP) — Stock markets slipped Tuesday as the impact from the virus outbreak that began in China deepened, with Apple saying it would fail to meet its profit target this quarter and China moving to postpone or cancel major events, including the Beijing auto show.Britain's FTSE 100 dropped 1% to ...

China virus outbreak chilling recovery for Asian economies

ELAINE KURTENBACH

February 18, 2020

BANGKOK (AP) — The virus outbreak in China has put South Korea's economy into an "emergency situation," its president says. Japan is on the brink of recession and big manufacturers are forecasting a whole world of woe.As many Chinese finally go back to work after their longest Lunar New Year holiday...