Stocks have seen their largest weekly drop in nearly two months, while safe haven assets such as bonds and the yen rallied as a new virus variant added to swirling concerns about future growth and higher US interest rates.
MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2% for a weekly fall of 1 percent and world stocks, while still near record highs, headed for a weekly fall of 0.7 percent, the largest since early October. The South American country has now registered a total of 613,642 coronavirus deaths and 22,055,238 total confirmed cases.Authorities on the Caribbean island of Martinique have ordered a curfew after protesters looted shops and set up burning barricades as demonstrations against Covid protocols spread across France's overseas' territories.
Scientists say new Covid19 variant most significant yet found. Other updates: 🇪🇺 EU proposes banning flights from southern Africa 🇬🇧 UK suspends flights from 6 African nationS 🇦🇺 Australia investigates new variant For more:
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