News Snapshot:
The vaccine rally on the Asian stock exchanges appears to be over. (Photo: dpa) Tokio, New York Asian investors’ vaccination hopes have been tarnished by weak retail sales in the US. The data fuel concerns that rising coronavirus cases could nip a still fragile economic recovery in the bud. According to Federal Reserve Chairman Jerome Powell, the current rise in infections is a major problem and continues to require fiscal and monetary support for the economy . The Nikkei index, which comprises 225 values, was 0.7 percent lower at 25,840 points. The broader Topix index fell 0.4 percent and stood...
