Asian markets slump as new coronavirus cases jump outside China

BANGKOK — Shares skidded in Asia on Monday after reports of a surge in new virus cases outside China. The decline followed a sell-off Friday on Wall Street. South Korea’s Kospi 180721, -3.19% dropped 3%, while the S&P ASX/200 XJO, -2.19% in Sydney lost 2.3%. Hong Kong’s Hang Seng HSI, -1.48% dropped 1.5% and the Shanghai Composite index SHCOMP, -0.27% lost 0.3%. Benchmarks in Jakarta JAKIDX, -1.19% and Taiwan Y9999, -1.17% fell by more than 1%. Japan’s Nikkei was closed for a...