Australia shares drop 2.5% as virus anxiety resurfaces, NZ slips
Australian shares dropped more than 2%
on Wednesday, as concerns of a massive economic slump due to the
coronavirus pandemic coupled with an outlook downgrade on the
local economy and banking sector drove investors away from risky
assets.
on Wednesday, as concerns of a massive economic slump due to the
coronavirus pandemic coupled with an outlook downgrade on the
local economy and banking sector drove investors away from risky
assets.
Posted by Reuters
