Asian markets extend losses but oil bounces after Omicron rout


HONG KONG (AFP): Asian markets fell again Monday (Nov 29) but oil rebounded strongly as investors try to assess the threat of the new Omicron Covid strain on the global economic recovery.

Equities around the world went into freefall Friday on news of the heavily mutated variant, which some fear could evade vaccines, as it forced several governments to throw up flight bans from southern Africa where it was discovered and introduced fresh containment measures.

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Asian , equities , opening , Nov 29

   

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