Coronavirus News Asia

Pandemic dents Buffett’s assets by about US$70 billion


Stock markets around the world have undergone an unprecedented coronavirus-induced panic over the last two weeks, with the leading Dow dropping 3,000 points on March 16, marking its worst decline since 1987.

It is getting so bad, that the New York Stock Exchange said that starting March 23, it will temporarily close its historic trading floor and fully move to electronic trading, reported.

The move came after two employees tested positive for coronavirus. No one knows what will happen in the future, but some investors have already suffered a lot.


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