Business
Asian shares follow Wall Street lower, virus concerns weigh heavy – Aljazeera.com
Move by AstraZeneca to pause vaccine trial raises fears that a global economic recovery may be delayed.
Asian shares fell on Wednesday and oil prices hit lows not seen since June after a rout in technology shares sank Wall Street for a third consecutive day and a major drugmaker paused testing of a coronavirus vaccine.
MSCI’s broadest index of Asia-Pacific shares outside Japan slid 1.06 percent. Australian stocks dropped 2.47 percent, while shares in China fell 1.53 percent. Japan’s Nikkei skidded 1.12 percent.
The US-based S&P 500 E-mini stock futures erased losses and rose 0.25 percent, wh…
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