@Yahoo06/08
GLOBAL MARKETS-Asian shares dip as Delta variant threatens growth
Asian shares lost ground on Friday despite gains on Wall Street, as the spread of the Delta variant of the coronavirus across the region heightened worries about its economic recovery. MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.25% on Friday, dragged down by Chinese blue chips, which fell 0.87% and Korea down 0.35%. "There are two main drivers of volatility in the market this week, firstly everything surrounding the Chinese regulatory drive...and secondly the severity of Delta outbreaks around the region," said Carlos Casanova, senior economist Asia at UBP.
