Asia market to open lower on pandemic worries, shrugging off U.S. equities upswing

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

NEW YORK: Asia shares were set to open lower on Wednesday after U.S. President Donald Trump's comments regarding the country's surge in novel coronavi...

Asia shares were set to open lower on Wednesday after U.S. President Donald Trump's comments regarding the country's surge in novel coronavirus cases outweighed a slight rally on Wall Street.

"Markets focused on the positives overnight," Hayden Dimes of ANZ Research wrote on Wednesday."However, the main near-term question for the U.S. economy is ... what damage has been done in July, as COVID-19 cases have surged." U.S. Republicans and Democrats remained far apart, however, on how much to spend on coronavirus relief, as Democrats called Republicans' $1-trillion-proposal insufficient.

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:

 /  🏆 25. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines