Global  

Asian shares mixed as US reports surging virus cases

WorldNews Monday, 22 June 2020 ()
Asian shares mixed as US reports surging virus casesBANGKOK — Shares were mixed Monday in Asia as China and South Korea reported lower numbers of new coronavirus cases, while new infections in the U.S. and worldwide surged sharply. Tokyo, Hong Kong and Seoul declined while Shanghai edged higher. Sydney’s S&P/ASX 200 edged 0.1 percent higher to 5,946.50, getting a boost from reports that consumer spending has rebounded more quickly from their pandemic shocks than expected, analysts said. “However, that partly reflects pent-up demand and the strong support from government initiatives. Employment income has slumped and we only expect spending to return to pre-virus levels next year,” Marcel Thieliant of Capital...
0
shares
ShareTweetSavePostSend
 

Related videos from verified sources

Equity indices flat as India-China tensions simmer, banking stocks slip [Video]

Equity indices flat as India-China tensions simmer, banking stocks slip

Equity benchmark indices were flat during early hours on Thursday as border tensions between India and China continued to simmer while COVID-19 infections surged.At 10:15 am, the BSE SandP Sensex was..

Credit: ANI     Duration: 01:14Published
Fauci Warns US Is Still In 'First Wave" Of COVID-19 [Video]

Fauci Warns US Is Still In 'First Wave" Of COVID-19

Dr. Anthony Fauci warned that the US is still in its first wave of the coronavirus. This warning comes as multiple states record their highest-ever daily new case totals. "People keep talking about a..

Credit: Wochit     Duration: 00:44Published
Equity indices flat in early trading amid rising geopolitical tensions [Video]

Equity indices flat in early trading amid rising geopolitical tensions

Equity benchmark indices were subdued during early hours on Wednesday amid escalating border tensions between India and China and surge in COVID-19 cases. At 10:15 am, the BSE SandP Sensex was up by 83..

Credit: ANI     Duration: 01:23Published

Related news from verified sources

Asian shares mostly higher as US reports surging virus cases

BANGKOK (AP) — Shares were mostly higher Monday in Asia despite reports that the number of coronavirus cases in the U.S. and worldwide has surged sharply....
Seattle Times

Asia shares mixed after US rally despite rising virus fears

TOKYO (AP) — Asian shares were mixed Wednesday following another rally on Wall Street, tempered by fears over surging coronavirus cases in various parts of the...
Seattle Times

Asian shares slide, following Wall St selloff on virus fears

BANGKOK (AP) — Shares fell Monday in Asia, tracking losses on Wall Street as rising virus cases cause some U.S. states to backtrack on pandemic reopenings....
Seattle Times


Tweets about this