TOKYO, Dec 27 — Asian stock markets were generally weaker with US crude in holiday-thinned trading on Monday, as uncertainty over the economic impact of the Omicron coronavirus variant weighed on investor sentiment.
In Asia, China reported its highest daily rise in local Covid-19 cases in 21 months over the weekend as infections more than doubled in the northwestern city of Xian, the country’s latest Covid hot spot.Mainland Chinese shares, though, were mixed, with Shanghai’s benchmark sliding 0.37 per cent but an index of blue chips edged 0.05 per cent higher.
The dollar index was about flat at 96.116, towards the bottom of the range from 95.544 to the 16-month peak at 96.938 reached on Nov. 24.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: