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Saturday, July 20, 2024

Virus fears keep pressure on Asian stocks

As the number of new coronavirus cases and deaths jumped to new highs around the world on Thursday, investors in most larger Asian stock markets headed for the exits again, sending key indices lower.

The rising death toll coupled with a grim warning from the United States government that the number of fatalities there could reach as high as 240,000, rattled investors’ nerves.

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