Asia-Pacific markets slide amid resurgence in virus cases
The Straits Times Index yesterday slid 2.46 points, or 0.09 per cent, to 2,846.52, in tandem with most Asia-Pacific key equity benchmarks, amid concerns over a resurgence in coronavirus cases. The gauges slipped in spite of a tentative agreement on a fresh US$900 billion (S$1.2 trillion) relief package in the United States. Hong Kong's Hang Seng Index fell 0.72 per cent, while the FTSE Bursa Malaysia Kuala Lumpur Composite Index dropped 0.28 per cent. The Nikkei 225 fell 0.18 per cent as investors weighed rising infections against new relief packages in Japan and the US, and Australia's ASX 2...