HONG KONG (AFP) - Asian markets stuttered again on Wednesday (July 8) following the previous day's sharp drop, with optimism about the reopening of economies clouded by concerns about fresh spikes in infections around the world.. Read more at straitstimes.com.
HONG KONG - Asian markets stuttered again on Wednesday following the previous day's sharp drop, with optimism about the reopening of economies clouded by concerns about fresh spikes in infections around the world.
Adding to the unease are ongoing tensions between China, the US and several other nations over Beijing's imposition of a security law in Hong Kong. But Tokyo went into the break 0.2 per cent lower, while Seoul fell 0.3 per cent and Singapore 0.1 per cent. Wellington and Manila were also down. And Stephen Innes at AxiCorp added:"As summer trading gets under way, investors are more prone to book profits and move to the sidelines."
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