Asian markets rally as investors engage in bargain hunting despite virus woes ...Qatar

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Asian markets rallied on Wednesday as investors engaged in bargain hunting despite losses on Wall Street and a surge of the coronavirus Delta variant stoking fears about the global economic recovery. A fresh lockdown in New Zealand and a curfew imposed in Australia’s second-largest city of Melbourne over a Delta outbreak added to concerns about lockdowns along with travel restrictions in China, the world’s second-largest economy. A lacklustre US retail sales report also exacerbated worries about the latest Covid-19 wave, bringing Wall Street’s streak of five straight records for the Dow and S&P 500 indices to a stuttering halt. But Asian markets appeared unmoved by gloomy prospects, with To

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Last updated : 18 August 2021 clock 09:30 PM

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Asian markets rally as investors engage in bargain hunting despite virus woes ...Qatar

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