Asian stocks on backfoot as concern over Delta variant saps confidence By Reuters
By Paulina Duran and Matt Scuffham SYDNEY/NEW YORK (Reuters) - Asian stocks started off on a weak footing on Tuesday after a largely soft performance on Wall Street and as persistent concerns over the spread of the Delta variant of the coronavirus dented sentiment and triggered falls in metals and oil prices. MSCI's broadest index of Asia-Pacific shares outside Japan declined 0.4% in early trading, with Korea's KOSPI index down 0.56% while China's blue chip index CSI300 shed 0.33%. "With the Delta variant spreading, money managers who were over-invested in the re-opening trade continue...
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