Asian market rally stalls but vaccine, stimulus hope lend support
Hong Kong (AFP) Feb 4, 2021
Asian markets slipped Thursday as investors took a breather after a broad three-day rally, though upbeat data, stimulus hopes and signs of improvement on the virus and vaccine fronts continue to provide strong support. An upbeat outlook for the global economy continues to push oil prices higher, with top producers sounding a note of optimism for demand this year as lockdowns are eased and ac