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SYDNEY (Reuters) - Asian shares hovered near 1-1/2 week highs on Monday helped by expectations monetary policy will remain accommodative the world over, while COVID-19 vaccine rollouts help ease fears of another dangerous wave of coronavirus infections.
FILE PHOTO: A TV reporter stands in front of a large screen showing stock prices at the Tokyo Stock Exchange after market opens in Tokyo, Japan October 2, 2020. REUTERS/Kim Kyung-Hoon
MSCI’s broadest index of Asia-Pacific shares outside Japan was last at 695.59, within striking distance of Friday’s high of 696.48 - a level not seen since Apr. 7.
The index jumped 1.2% last week and is up 5% so far this year, on track for its third straight yearly gain.
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SYDNEY, April 19 (Reuters) - Asian shares hit a one-month high on Monday helped by expectations monetary policy will remain accommodative the world over, while COVID-19 vaccine rollouts help ease fears of another dangerous wave of coronavirus infections.
Indicators were positive for Europe as well with futures for Eurostoxx 50 up 0.2% and Germany’s DAX adding 0.1% though those for London’s FTSE were barely changed.
MSCI’s broadest index of Asia-Pacific shares outside Japan went as high as 699.70, a level not seen since March 18. It was last up 0.1% at 696.46.
By Reuters Staff
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TOKYO, April 19 (Reuters) - Japan’s Topix changed course to close lower on Monday, while the Nikkei ended little changed, as concerns around a resurgence of COVID-19 outweighed gains from chip-related shares.
The broader Topix slipped 0.22% to close at 1,956.56, while the Nikkei 225 Index trimmed gains to end 0.01% higher at 29,685.37.
Japan and the United States agreed last week to cooperate on investment in semiconductor supply chains in response to a global shortage of chips, which is seen as positive for Japanese chemical and industrial companies, analysts said.
But, risks related to the rapid spread of COVID-19 remain. The governor of Tokyo is considering another state of emergency in response to a steady increase in virus cases. And, analysts said, Japan’s slow vaccinations’ pace is also a negative factor.
By Reuters Staff
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FILE PHOTO: The logo for IBM is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., June 27, 2018. REUTERS/Brendan McDermid/File Photo
(Reuters) - International Business Machines Corp said on Wednesday its cybersecurity unit has uncovered more digital attacks targeting the global COVID-19 vaccine supply chain since the issue was originally flagged late last year.
The cloud services provider said it recently found that the phishing campaign has targeted 44 more companies which are involved in the complex logistical work of distribution of COVID-19 vaccines in 14 countries.
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NEW DELHI (Reuters) - Wistron Corp, the Taiwanese assembler of Apple Inc’s iPhones, has restructured its internal setup and management ranks in India, two sources said, after an investigation last year into violence at one of its plants.
FILE PHOTO: Men wearing protective face masks walk past broken windows of a facility run by Wistron Corp, a Taiwanese contract manufacturer for Apple, in Narsapura near the southern city of Bengaluru, India, December 14, 2020. REUTERS/Stringer/File Photo
Wistron’s smooth working is key to Apple’s ambitions in India as it gradually moves production to markets beyond China, navigating the trade war between Washington and Beijing and the coronavirus pandemic.