WRAPUP 3-SARS takes increasing toll on Asian economies

Newswire

(Adds IATA warning) By Andrew Priest SINGAPORE, April 24 (Reuters) - Economic fallout in Asia from the SARS crisis mounted on Thursday as the World Bank cut its regional forecast and Hong Kong received a credit rating blow. Investors dumped shares of Asian retailers and exporters to China and the international air travel industry body IATA warned that the impact was devastating for airlines operating in the area. Although investors have already cut exposure to sectors most exposed to ...

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