As the last week of February 2020 comes to an end, Apple News posted an article datelined BEIJING/SEOUL and originally published in Reuters which reports that fear of a coronavirus pandemic grows as new cases are reported in Italy, Iran and South Korea, despite an easing in the reported rate of infection in China.

Specifically, as reported by Ryan Woo and Hyonhee Shin, fears of a coronavirus pandemic grew on Monday after sharp rises in new cases reported in Iran, Italy and South Korea but China relaxed restrictions on movements in several places including Beijing as its rates of new infections eased.

The surge of infections outside mainland China triggered steep falls in Asian shares and Wall Street stock futures as investors fled to safe havens such as gold. Oil prices tumbled and the Korean won fell to its lowest since August.

The Geneva-based World Health Organization (WHO) said it no longer had a process for declaring a pandemic but the coronavirus outbreak remained an international emergency.

“We are specially concerned about the rapid increase in cases in … Iran, Italy and the Republic of Korea,” WHO head Tedros Adhanom Ghebreyesus told a news conference in Sweden via video link.

Here’s the link to the full article: