China’s stocks plunged on Tuesday as surging coronavirus cases threatened the outlook for the world’s second-largest economy and the central bank dashed expectations for a cut in a key lending rate.
The Ukraine crisis also continued to weigh on sentiment, reviving worries about widening differences between Beijing and Washington as the United States raised concerns about China’s alignment with Russia.
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The region’s investors were in positive mood and bond markets were calmer as traders took…
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Fading hopes of a US interest rate cut anytime soon have pushed the Japanese currency…