Stocks fall as nations take coronavirus action

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Stocks fall as nations take coronavirus action
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Shares in Asia slide on Monday as more drastic action is taken by governments to stop virus spreading.

“It would be a brave, or foolish, man to call the bottom in equities without a dramatic medical breakthrough,” said Alan Ruskin from Deutsche Bank.

It comes as fears are growing over what authorities around the world can do to combat the effect of the sharp slowdown in global economic activity. At the same time countries around the world have announced new measures to slow the spread of the virus, including ordering people to stay at home and closing down bars and restaurants.

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