Asian markets suffer losses due to a surge in coronavirus cases, Hong Kong

Hong Kong, Jan 28 (AFP/APP): Asian markets suffered further losses on Thursday, tracking a route in New York and Europe as markets were hit by a perfect storm of worries about the slow roll-out of vaccines, surging infections, a stuttering economic recovery, and high valuations. After a months-long rally sent several indexes to records or all-time highs, investors have started to fret in recent weeks about a possible correction and analysts say some losses are to be expected. The Federal Reserve added to the sense of concern as it warned that the economy was struggling in the face of a new … Continue reading Asian markets suffer losses due to a surge in coronavirus cases, Hong Kong