Asian markets fell again on Thursday as coronavirus infections surged outside China with more new countries reporting cases and analysts warning of more pain ahead for investors.

Hong Kong's government said Wednesday it will give a HK$10,000 ($1,280) handout to every permanent resident in a bid to jump-start an economy in recession after months of protests and hit further by the coronavirus outbreak.

More than 100 IMF members have pledged to provide $334 million in debt relief for Somalia, which then will unlock fresh funds to help the country, the International Monetary Fund announced Wednesday.

Asian markets fell on Wednesday, with the coronavirus spreading rapidly around the world and health chiefs warning that governments were not prepared for the outbreak.

Britain's Financial Conduct Authority on Tuesday admitted to a data breach, in an embarrassing revelation for the regulator and its boss, who shortly takes over at the Bank of England. 

EU negotiator Michel Barnier said Tuesday that Brussels wanted a "fair and balanced" post-Brexit trade agreement with Britain, but warned the bloc would not cut a deal with London regardless of the cost.

Online travel giant Expedia will cut 3,000 jobs worldwide after what the company called a "disappointing" performance in 2019, US media reported Monday.

French car giant Renault said Monday it was filing a civil claim for damages against former CEO Carlos Ghosn over alleged financial misconduct.

As Italian authorities battle to contain the new coronavirus, measures to stem the spread of infections in the industrial north are impairing the eurozone's third-largest economy.

Libya's almost total retreat from the world oil market as unrest blocks its vital terminals, is helping OPEC meet production cuts, analysts say.