Market Asian stocks extend losses as coronavirus fears grow Updated : February 27, 2020 08:19 AM IST Most new virus cases are now being reported outside China - the origin of the outbreak - with South Korea, Italy and Iran emerging as new epicentres. Brazil reported its first infection overnight and US health authorities have said a global pandemic is likely. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.