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The Standard e-Paper
Kenya’s Boldest Voice
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Coronavirus panic sent world share markets crashing again yesterday, compounding their worst week since the 2008 global financial crisis and bringing the wipeout in value terms to $5 trillion (Sh500 trillion).
The rout showed no signs of slowing as Europe’s main markets slumped 2-3 per cent early on and the ongoing dive for safety sent yields on US government bonds, seen as probably the securest asset in the world, to fresh record lows.
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