Australian shares rebounded sharply on
Friday to end firmly in positive territory as hopes of more
stimulus from the United States offered a measure of support to
world markets battered by coronavirus fears.
Thailand's government on
Monday will discuss setting up a fund worth more than 30 billion
baht ($941 million) to support the stock market, the deputy
prime minister said, as global markets plunge on worries about
the coronavirus pandemic.
Japan's Nikkei share average
tumbled to more than three-year lows on Friday as
investors rushed out of stocks and real estate funds on fears
the global coronavirus pandemic will bring a global recession
and also scupper the Tokyo Olympics.