US stimulus deadlock and coronavirus surge weigh on Asian shares
The Democrats and Republicans are struggling to reach consensus over a fresh Covid-19 package
22 October 2020 - 08:10
Shanghai/New York — Asian shares fell on Thursday and US treasury yields ticked lower as investors fretted over the slow pace of US stimulus talks and a surge in global cases of Covid-19.
Global investor sentiment took a fresh hit over talks to boost the world’s largest economy after US President Donald Trump on Wednesday accused Democrats of being unwilling to craft an acceptable compromise on stimulus, following reports of progress earlier in the day...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.