Emerging markets eye long-term implications of COVID-19
(WorldNews Business)

Dubai: Virus-induced short-term pain was turning into long-term worry for several key emerging markets as a surge in new coronavirus infections posed a threat. “Much of Latin America, South Africa, and parts of Asia – notably India and the Philippines – are still struggling to contain their first waves of coronavirus,” cautioned Edward Glossop, an Emerging Markets Economist at Capital Economics. Read more Emerging market stocks, currencies decline as Fed euphoria wears off OECD cuts world growth outlook, warns on emerging markets Emerging markets stocks squeezed by global growth and commodity worries Emerging stocks drop as China halts share...