News Snapshot:
Asian shares hit 7-week low as China doubles down on zero-COVID-19: Reuters - Date: 06-May-2022 - Source: Arab News - Sector: [Financial Markets] - Country: [Middle East] Asian shares hit 7-week low as China doubles down on zero-COVID-19: Reuters Asian shares tumbled to their lowest in seven weeks on Friday and the dollar stood tall as investors globally shunned riskier assets over fears that higher US interest rates and China’s reinforcement of its zero-COVID policy could hit growth hard, according to Reuters. MSCI’s broadest index of Asia-Pacific shares outside Japan shed 2.65 percent on Friday and fell to its lowest...
