Asian shares plunge as much as 10% over coronavirus fears

Asian shares plunged as much as 10 per cent today as the coronavirus crisis brought more turmoil to financial markets.  Benchmarks in Japan, Thailand and India all dropped today in the wake of Wall Street’s biggest plunge since the Black Monday crash of 1987.  Tokyo’s Nikkei 225 fell nearly 10 per cent in the morning … Read more

Coronavirus hammers Hollywood: movie releases delayed and Asian theaters shut down

Hollywood is being rocked by the unprecedented challenge of coronavirus as the new James Bond movie is delayed, studios scrap film festivals and blockbuster productions are shut down. Industry estimates have already put the financial loss from Asian theaters shutting down at around $2billion.  Major Hollywood titles including ‘Mulan’ – Disney’s China-set live-action blockbuster – have … Read more

Asian stock markets plunge overnight with worse to come in coronavirus panic

Asian markets plummeted overnight, tracking a collapse in New York and Europe as the coronavirus spread rapidly around the world with the WHO warning the deadly epidemic was now at a ‘decisive point’. Tokyo and Jakarta were hammered more than four percent, while Shanghai, Sydney, Seoul and Bangkok tanked more than three percent each. The … Read more