Asian stocks crumble as more nations shut for business to curb virus
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SYDNEY (Reuters) - Asian shares sank on Monday as a rising tide of national lockdowns threatened to overwhelm policymakers' frantic efforts to cushion what is likely to be a deep global recession.In a foretaste of the pain to come, E-Mini futures for the S&P 500 dived 5% at the open to be limit down, while EUROSTOXXX 50 futures tumbled 6.4%.MSCI's broadest index of Asia-Pacific shares outside Japan lost 3.8%, with New Zealand's market shedding a record 10% as the government closed all..