Asia stock markets drop after Biden-fuelled rally ...Qatar

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Asian markets fell yesterday as investors took a breather following a strong week for global equities as Joe Biden took up residence in the White House, though there were concerns about the outlook for his new stimulus proposal. The new president spent his first full day firing out a series of executive orders to kickstart the government’s battle against Covid-19 as he looks to get the world’s top economy back on its feet, including ramping up its vaccination programme. But he warned that the country would probably record its 500,000th death next month as the disease surges, though there was some optimism as infections appeared to be plateauing. Top infectious disease adviser Anthony Fauci

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