Asian equities advance but inflation, correction worries persist

HONG KONG (AFP): Asian markets rose Wednesday (March 3) following the previous day's losses but investors remain on guard over a possible correction as concerns about asset bubbles and a surge in inflation continue to play against progress in fighting coronavirus.

News of more vaccines coming on line and being rolled out, the expected passage of Joe Biden's stimulus package, slowing infection rates and easing lockdowns are contributing to the narrative that the global economy will see a burst of activity from the second half of the year.