Australia: Shares drop as new virus cluster sows doubt about quick recovery businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.
Asian Shares Mostly Lower Amid US-China Tensions
CANBERA (dpa-AFX) - Asian stocks ended mostly lower on Friday amid fresh U.S.-China tensions and growing fears over a no-deal Brexit.
U.S. lawmakers continued negotiations to clinch a deal for a new stimulus package, with Senate Majority Leader Mitch McConnell saying talks could spill into the weekend.
On the Covid-19 front, Moderna said its Covid-19 vaccine received recommendation for emergency use by an expert panel to the U.S. Food and Drug Administration.
Chinese shares ended lower after Reuters reported that the United States is adding dozens of Chinese companies, including the country s top chipmaker SMIC, to a trade blacklist.
Residents in virus-hit suburbs asked to stay home for three days ASX 200 set for seventh straight weekly gain Gold headed for best week in over a month
Dec 18 (Reuters) - Australian shares fell on Friday as a fresh cluster of COVID-19 cases in the country’s largest city ignited fears that movement curbs could make a comeback and slow down an economic recovery.
New South Wales state Premier Gladys Berejiklian warned Sydney should prepare for more infections after 17 new cases were reported in the city’s northern coastal suburbs, prompting authorities to ask residents to stay at home for three days.
State Border Openings Resuscitate Australian Domestic Air Travel centreforaviation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from centreforaviation.com Daily Mail and Mail on Sunday newspapers.