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NEW YORK, April 1 (Reuters) - Asian markets were set to open higher on Friday in a holiday-lightened trading session, riding a surge of strong factory data and falling bold yields that pushed U.S. and European benchmark stock indexes to record highs.
U.S. President Joe Biden’s $2.3 trillion plan to rebuild America’s crumbling infrastructure added to the enthusiasm for risk assets, as did accelerating vaccine rollouts.
The China Financial Futures Exchange CIS 300 Index Futures index was up 1.76%, the Nikkei futures index was up 1.23% and E-Mini S&P 500 futures index was up 1.18%. Australia, New Zealand, Hong Kong and Singapore were among the Asian countries observing the Good Friday holiday.
Over the last few months, a decline of new Covid-19 cases and the beginning of mass immunization campaigns across several countries fuelled the world with optimism about a durable solution for the pandemic.
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+ April 04, 2021 THE United Nations World Tourism Organization (UNWTO) has maintained a cautious outlook for the rest of the year as the devastating impact of the Covid-19 pandemic continues to linger on, with new data showing an 87 percent fall in international tourist arrivals in January as compared to 2020.
According to the latest edition of the UNWTO World Tourism Barometer, all world regions continued to experience large drops in tourist arrivals in the first month of the year. It noted that mandatory testing, quarantines, and in some cases the complete closure of borders, have all hindered the resumption of international travel. In addition, the speed and distribution of the vaccination roll-out have been slower than expected, further delaying the restart of tourism.
The estimated revenue growth will be significantly higher than the global average of 101 per cent, making China one of the leading potential markets for cloud games, according to the report jointly released by the Tencent research institute and Newzoo, a global games and esports analytics provider, Xinhua news agency reported on Sunday.The