Soothing comments from WHO may calm coronavirus jitters

By Rebecca Howard | Fri, 14 Feb 2020


New Zealand markets may be cheered by World Health Organisation moves to allay fears after China reported a jump in the number of people with the covid-19 virus. Asian equity markets were sold off yesterday when China’s latest data showed 59,804 cases and 1,367 deaths, up from 45,169 cases the prior day.  However, Wall Street was more circumspect after Mike Ryan, executive director of the World Health Organisation’s emergencies programme, said the new confirmed cases shouldn’t be characterised as a huge “spike,” according to CNBC. The inc...