Asia equities rebound after last week’s rout ...Qatar

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Asia equities rebound after last week’s rout
Equities rose in Asia yesterday as investors took a breather following last week’s heavy selling, with a drop in US Treasury yields giving markets some much-needed stability, while the passage of Joe Biden’s stimulus through the House provided some cheer. However, observers warned that trading floors were still gripped by fears the expected global economic recovery will fuel inflation and force a hike in interest rates earlier than previously thought, removing a key pillar of the surge in world markets for the past year. In a bid to calm markets, several central banks – including in Japan, South Korea and the European Union – sought at the weekend reiterated their pledges to maintain their

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