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Asian Markets Mixed Amid Thin Holiday Trading


Asian Markets Mixed Amid Thin Holiday Trading
CANBERA (dpa-AFX) - Asian stock markets are mixed on Wednesday in thin holiday trading, following the mixed cues overnight from Wall Street, as traders are refraining from making major moves amid the continued surge in coronavirus cases in most of the markets in the region, particularly in India and Japan. Major markets in China, Japan and South Korea are also closed for holidays. Asian markets closed mostly higher on Tuesday.
Additional selling pressure was generated in reaction to comments from US Treasury Secretary Janet Yellen, who suggested interest rates may have to rise modestly to prevent the economy from overheating amid the recent spike in government spending. ....

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