Infections and deaths in other countries have fanned fears of a wider outbreak. FMTNews Seoul
Currency traders at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul.
Traders had been broadly optimistic that the virus — which has killed nearly 2,600 and infected 80,000 — was being contained outside China but a spurt of infections and deaths in other countries including South Korea, Italy and Iran has fanned fears of a wider outbreak. President Moon Jae-in has raised the virus alert to the highest “red” level, in a bid to strengthen the government response to the spiralling outbreak.
Chinese President Xi Jinping said the epidemic was the “largest public health emergency” since the founding of the People’s Republic in 1949 and admitted authorities must learn from “obvious shortcomings exposed” during its response. The virus, which has infected at least 152 people and left three dead, has also led to the cancellation of several shows at Milan Fashion Week and the early closure of the Venice Carnival.
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