economic disruption

The economic disruption, triggered by Covid-19, is huge and most economies are anticipating a direct hit on their GDP growth. A possible collapse in the world economy can’t be ruled out.

The Shanghai Composite was up about 1.5 per cent, Hong Kong's Hang Seng index added 0.68 per cent and South Korea's Kospi was up 1.9 per cent. However, the Nikkei 225 in Japan was flat.