StanChart warns coronavirus, economic slowdown to hit growth
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HONG KONG/LONDON (Reuters) - Standard Chartered on Thursday warned a major earnings target would take longer to meet and asset quality would worsen in the near-term as the coronavirus epidemic adds to the bank's woes in its main markets of China and Hong Kong.StanChart's warning about the coronavirus impact comes after rival HSBC Holdings said last week it could face loan losses of up to $600 million (464 million pounds) if the virus outbreak persists into the second half of the year.Without..