Asian markets mixed as recovery fears offset optimism ...Qatar

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Asian markets were mixed Thursday, with fresh fears about China’s crackdown on tech firms offsetting optimism about the global recovery outlook and easing Covid fears. While Wall Street provided a tepid lead, the day got off to a good start with equities extending a recent rally as investors prepared themselves for the release of key US jobs data. But sentiment was given a jolt after news emerged that Chinese regulators had summoned ride-hailing giant Didi Chuxing and ten other car platforms to give them a dressing down in the latest move against tech firms it sees as gaining too much power. Officials demanded the firms, which also included the ride-hailing arm of major services app Meituan

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Last updated : 03 September 2021 clock 02:45 AM

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Asian markets mixed as recovery fears offset optimism ...Qatar

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