Australian shares drop more than 6% as virus sparks recession fears
Australian shares closed more than 6%
lower on Wednesday on fears that policy impetus against the
coronavirus pandemic would ultimately not be enough to stop the
economy from slipping into its first recession in nearly three
decades.
lower on Wednesday on fears that policy impetus against the
coronavirus pandemic would ultimately not be enough to stop the
economy from slipping into its first recession in nearly three
decades.
Posted by Reuters