News Snapshot:
China stocks lead gains in Asia-Pacific; India markets plunge as Covid infections continue to surge - India's markets tumbled in Monday trade as both the Nifty 50 and BSE Sensex dropped around 2% each, as of about 1:52 p.m. local time. The losses came as the Covid-19 situation in the country remains severe and weighs on investor sentiment. - Hong Kong-listed shares of Alibaba slipped 1.53% on Monday. That came after Ant Group said in a tweet that a recent report by Reuters that the firm was looking at ways for Jack Ma to exit were "untrue and baseless." -...
