By Tom Westbrook
SINGAPORE (Reuters) – Oil and Asian share markets extended losses on Thursday as the rapid global spread of the coronavirus kept investors on edge and seeking safety in gold and bonds.
Rising fears of a pandemic, which U.S. health authorities have warned is likely, had already wiped more than $3.6 trillion from global stock markets by Wednesday’s close.
China accounts for about 96% of cases and has instituted dire containment methods that have paralysed global supply chains.
But most new infections are now being reported elsewhere, with news on Thursday of a jump in cases in South