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1.Market Observations, 8.Was Sticky

12 Feb 2020 (AFR) – Coronavirus: CEOs warn virus hit will get worse

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(12 February 2020, AFR, p3, John Kehoe, Senior Writer)

‘The economic toll is mounting from the coronavirus, after hearing implant maker Cochlear cut its profit outlook due to Chinese hospitals deferring surgeries and beef exporters joined the seafood industry in bracing for weaker Chinese demand. The Morrison government is poised to extend the initial two-week travel ban on people from China beyond Friday, increasing financial pressure on universities and tourism operators.’

Read more at AFR.com (might need AFR login access)

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