Asian shares rise but momentum fizzles on virus worries ...Middle East

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Asian shares rise but momentum fizzles on virus worries
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Asian shares gained Tuesday, boosted by a near-record rise on Wall Street, though the momentum began to fizzle out over worries about the economic fallout from surging coronavirus infections in the region. Japan's benchmark Nikkei 225 rose nearly 1 per cent in morning trading to 27,763.43. South Korea's Kospi gained 1.6 per cent to 3,140.12. Australia's S&P/ASX 200 rose 0.4 per cent to 7,516.80. Hong Kong's Hang Seng added 1.7 per cent to 25,537.07, while the Shanghai Composite was up 0.9 per cent at 3,508.10. Some parts of Asia have had slower vaccine rollouts than the US and Europe and are at a greater risk for the more contagious delta variant. “Outbreaks in Asia Pacific have led to n

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