Policymakers ramp up support as coronavirus fears shred marketsA person wearing a face mask walks along Wall Street after further cases of coronavirus were confirmed in New York City, New York, U.S., March 6, 2020. A host of major sporting events were affected, with the Players Championship golf halted and the Australian Formula One Grand Prix scrapped. But Asian markets were off lows for the day as policymakers stepped in to help ease a liquidity squeeze as cratering stock markets triggered a rush for cash. SEE ALSO :Travelers to be screened for ‘Chinese’ coronavirus- Government“It’s going to spread further,” British Prime Boris Johnson told a news conference. Several Latin American countries stepped up measures to slow the spread of the virus, halting European flights, banning public gatherings and closing schools.

Source: Standard Digital March 13, 2020 07:07 UTC