Asian shares waver with coronavirus, focus turns to corporate earnings

Asian stocks dithered on Wednesday as an increase in coronavirus cases in some parts of the world undermined prospects for a quick economic recovery while oil prices eased on oversupply fears.

FILE PHOTO: Employees of the Tokyo Stock Exchange work at the bourse in Tokyo Japan, October 11, 2018. REUTERS/Issei Kato

Overnight, U.S. stocks fell, halting a five-day winning streak by the benchmark S&P 500 index, its longest this year and driven by better-than-expected economic data. Coronavirus cases were also on the rise in the Australian state of Victoria, which led to lockdown measures being reimposed in Melbourne, the country’s second-biggest city.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian shares waver with coronavirus, corporate earnings in focusAsian stocks dithered on Wednesday as an increase in new coronavirus cases in some parts of the world cast doubts over the economic recovery while oil prices eased on oversupply fears.
Read more »

Tech CEO Apologizes After Viral Video Captures His Racist Rant At Asian Family‘My behavior in the video is appalling. This was clearly a moment where I lost control and made incredibly hurtful and divisive comments,’ Michael Lofthouse said.
Read more »

Tech CEO filmed in racist attack against Asian family at restaurant - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »

Tech CEO Spews Racist Rant Against Asian Family, Workers Get Outpouring of SupportUPDATE: Tech CEO Spews Racist Rant Against Asian Family, Workers Get Outpouring Support
Read more »

Tech CEO Goes on Racist Tirade Against Asian FamilySolid8's CEO appears to be the man on video here.
Read more »

Asian shares hit speed bump, China extends sharp rallyAsian shares paused for breath on Tuesday following a surge sparked by speculation Beijing is trying to orchestrate a major domestic bull run to support an economy hit by the coronavirus and a standoff with Washington.
Read more »