HONG KONG (AFP): Asian markets sank into the red Tuesday (Jan 26) following the previous day's healthy run-up, with sentiment jolted by the prospect that Joe Biden's huge stimulus could be watered down and not even be passed for several weeks.
Investors have been on a buying spree since November when Biden won the presidency and vaccinations began to be authorised, with the usual support also coming from central bank support and government spending.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!