Asia-Pacific stocks rise; Australia shares recover from earlier slip as Covid infections spike


Source: internewscast.com internewscast.com

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SINGAPORE — Shares in Asia-Pacific rose in Monday trade as investors look ahead to the release of Chinese food delivery giant Meituan’s earnings. In Japan, the Nikkei 225 advanced 0.41% while the Topix index gained 0.89%. South Korea’s Kospi traded 0.35% higher. Mainland Chinese stocks nudged higher as the Shanghai composite rose 0.34%, while the Shenzhen component gained 0.237%. Hong Kong’s Hang Seng index traded 0.35% higher. The S&P/ASX 200 in Australia recovered from an earlier slip, last trading about 0.2% higher. The country’s most populous state New South Wales had reported on Monday a record one-day rise in new...