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Chinese shares and the yuan weakened on Friday amid a global market meltdown triggered by intensifying fears over the global spread of the coronavirus.

Taiwan is ready to intervene to ensure market stability using its National Stabilisation Fund, its finance minister said on Friday, speaking just before the island's bourse plunged more than 7% amid global alarm over the coronavirus pandemic.

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Australian shares dropped 7% on Friday, extending a sell-off that has put them on track for their biggest weekly drop ever as the rapidly-spreading coronavirus fanned fears of a global recession.

Hong Kong's stock market slid into a bear market as a 7.4% plunge in share prices at Friday's open dragged the benchmark Hang Seng Index over 20% below its January high,

* For interactive graphic tracking global spread of coronavirus: open https://tmsnrt.rs/3aIRuz7 in an external browser

Australia's central bank injected an unusually large amount of cash into the financial system on Friday as panic selling across global markets driven by the coronavirus threatened to drain liquidity and push up borrowing costs.

Andrew Bailey says further spending not needed after TSB meltdown

The U.S. House Financial Services Committee will postpone all of its remaining public hearings for March due to the coronavirus outbreak, according to a statement by Chairwoman Maxine Waters on Thursday. (Reporting by Makini Brice)

As trading ended on Thursday in Wall Street's worst day for three decades, shell-shocked investors had no idea how much further the market was likely to fall as the coronavirus pandemic spread fear of a global recession.

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Crushing asset sell-offs ranging from bitcoin to precious metals and European stocks accompanied Wall Street's slide into bear market territory on Thursday, as investors liquidated positions across their portfolios to raise cash. Bitcoin dropped 26%, marking its largest fall in seven years, as fears of the coronavirus' economic impact unnerved investors. Palladium...