The coronavirus death toll is nearing 500, but Asian shares continue to recover from Monday’s precipitous drop. Macau has decided to shutter its casinos for at least 15 days—no easy decision to make, given that they represent more than half the island’s GDP.
Meanwhile, widespread restaurant and club closures across China are giving Western brewers a headache. And Hong Kong flag carrier Cathay Pacific has asked staff to take three weeks’ unpaid leave, due to low demand.
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