Asian Stocks Down, ‘Tired’ Market Wrestles With COVID-19, Fed Taper Concerns


Source: investing.com investing.com

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This article has already been saved in your Saved Items © Reuters. By Gina Lee Investing.com – Asia Pacific stocks were mostly down on Friday morning, with concerns about the spread of COVID-19's Delta strain and the possibility of earlier-than-expected central bank asset tapering continuing to dim the economic outlook. Japan’s Nikkei 225 was down 0.80% by 9:49 PM ET (1:49 AM GMT) and South Korea’s KOSPI fell 0.93%. In Australia, the ASX 200 edged up 0.14%. Hong Kong’s Hang Seng Index slid 1.30%, with China's National People’s Congress Standing Committee expected to approve an anti-sanction law for the city...