TOKYO (AP) — Asian benchmarks mostly slipped Wednesday as technology shares in the region echoed a similar drop in the sector on Wall Street.
Japan’s benchmark Nikkei 225 was little changed at 29,301.22 in morning trading. Australia’s S&P/ASX 200 dipped 0.3% to 7,567.20. South Korea’s Kospi dropped 1.4% to 2,950.00. Hong Kong’s Hang Seng shed 1.1% to 23,025.67, while the Shanghai Composite lost 0.6% to 3,609.14.
Worries continue about COVID-19, as reports of the more contagious omicron keep growing in the region.
In Japan, many people are not heeding warnings to take precautions and crowds have been out at levels close to pre-pandemic levels in Tokyo, where booster shots have barely gotten started. Prime Minister Fumio Kishida has promised to speed them up, starting with medical professionals.
“The region may continue to see increasing omicron virus spreads ahead, but recent manufacturing PMIs seem to be holding up for now. The risk may lie in any further restriction…
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2022-01-05 08:00:00
