Asian shares mixed as investors await progress on stimulus

Author: 
By YURI KAGEYAMA | AP
article author: 
ID: 
1613967913054123100
Mon, 2021-02-22 03:59

TOKYO: Asian shares were mixed on Monday as hopes for a recovery from the coronavirus pandemic with the global rollout of vaccines were countered by worries about inflation and continuing economic damage.
Benchmarks rose in Hong Kong and Japan but fell in South Korea and Australia. Investors remain focused on the future of global economies badly hit by COVID-19 and when and whether there will be enough stimulus to fix it.
But the US $1.9 trillion economic package proposed by President Joe Biden also heralds hope for export-reliant regional economies.

Main category: 

Leave a Reply

Your email address will not be published. Required fields are marked *