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UBP favours defensive strategy, warns of market correction before rebound

Amid the uncertainties surrounding the COVID-19 outbreak, investors had better brace for an economic downturn and market slump, before the economy eventually recovers and the situation brightens up, UBP said in a media conference call today. Fears escalated this past weekend that the virus would further cripple the global economy as the number of infections surged in South Korea, Japan,…

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