Second wave fears trip up Asian shares as oil dips
Analyst regards drop as a reality check showing that Covid-19 issue remains unresolved
Sydney — Asian shares stumbled on Monday and oil prices slipped as fears of a second wave of coronavirus infections in Beijing sent investors scurrying for safe havens while underwhelming data from China further weighed on sentiment.
MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.3% with Australian shares off 0.1% and South Korea easing 0.3%. Japan’s Nikkei faltered 0.7%...