Asian shares slip as investors flee to safety over coronavirus lockdowns
MSCI’s broadest index of Asia-Pacific stocks outside Japan falls to two-week low
24 March 2021 - 07:16
Sydney — Asian shares hit a two-week low on Wednesday, oil weakened further and the dollar neared four-month highs as coronavirus lockdowns in Europe and potential US tax hikes hit risk appetite, leading to a flight to safety.
MSCI’s broadest index of Asia-Pacific shares outside Japan was off 1% after falling 0.9% on Tuesday. It went as low as 676.46 points, a level last seen on March 9...
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