HONG KONG, Dec 22 — Most Asian markets rose today, extending a global rally after their latest sell-off as investors assess the impact of the fast-spreading Omicron variant.
Traders are also keeping an eye on developments in Washington after Joe Biden said he was optimistic he could win the key vote of Democratic Senator Joe Manchin, who threw the president’s economic agenda into doubt after he said Sunday he would reject the present proposal. The buying was also helped by expectations that the US Food and Drug Administration will authorise pills from Pfizer and Merck & Co. to treat Covid-19 as soon as this week, providing fresh tools to battle the disease.
Tokyo, Hong Kong, Sydney, Seoul, Taipei, Wellington, Mumbai, Bangkok and Jakarta rose but Shanghai, Singapore and Manila slipped.Oil inched up to extend Tuesday’s strong gains as the festive mood lifts hope for an improvement in demand, while a closely watched report suggested US stockpiles fell again last week.
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:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Royal Caribbean says 48 passengers test positive for Omicron variant on ship | Malay MailMIAMI, Dec 20 — Royal Caribbean Group said today 48 people on its Symphony of the Seas cruise ship tested positive for Covid-19, fueling concerns that the new Omicron variant of the coronavirus could put a damper on a recovery in the cruise industry. The cruise operator said it had 6,091 guests...
Source: malaymail - 🏆 1. / 86 Read more »
Why antibodies aren’t the only defence against Omicron | Malay MailWASHINGTON, Dec 17 — In the fight against the coronavirus, one key component of the human immune system has hogged the limelight: Antibodies. These Y-shaped proteins have made top news recently because Covid-19 shots don’t produce as many of them that work against the heavily mutated Omicron...
Source: malaymail - 🏆 1. / 86 Read more »
Wall Street skids on Omicron worry, hit to US investment bill | Malay MailNEW YORK, Dec 21 — Wall Street’s main indexes fell sharply on Monday as investors worried about the Omicron Covid-19 variant potentially undercutting the economic rebound and a critical setback to President Joe Biden’s domestic investment bill. Stocks sold off broadly as coronavirus cases...
Source: malaymail - 🏆 1. / 86 Read more »
Colombia detects three cases of Omicron, says government | Malay MailBOGOTA, Dec 21 ― Colombia's national health institute has identified three cases of the Omicron variant of coronavirus in the country, the health ministry said yesterday. The cases were found in people living in the coastal cities of Cartagena and Santa Marta. Two of the people had visited the...
Source: malaymail - 🏆 1. / 86 Read more »
Australia rules out lockdowns despite Omicron surge | Malay MailSYDNEY, Dec 21 ― Australia must move past “the heavy hand of government” and authorities must stop shutting down people's lives with Covid-19 lockdowns, Prime Minister Scott Morrison said today, as daily infections in the country shot up to a new pandemic high. Covid-19 cases have been...
Source: malaymail - 🏆 1. / 86 Read more »