Asian and European markets rise but virus, inflation fears linger

Hong Kong (AFP) May 18, 2021

Markets rallied in Asia and Europe on Tuesday as investors looked past rising coronavirus infections in the region and bet on global recovery, with Tokyo brushing off data showing the Japanese economy shrank more than expected in the first quarter. Traders built on a broadly positive previous day, despite a retreat on Wall Street, bringing some much-needed stability after last week's topsy-t