Stocks sell off as coronavirus surge knocks recovery hopes

SINGAPORE (Reuters) - Asian stocks posted their biggest drop in eight sessions, bonds rose and the U.S. dollar was firm on Thursday as surging U.S. coronavirus cases and an International Monetary Fund downgrade to economic projections knocked confidence in a recovery.MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.7%, Tokyo's Nikkei slumped 1.1% and Australia's ASX 200 tumbled 2.1%.U.S. stock futures declined 0.4%, suggesting Wednesday's Wall Street slide might have..