Travel shock: People leaving a hotel at the Chek Lap Kok airport in Hong Kong. It confirms two cases of the new strain in travellers arriving in the city. — AFP
NEW YORK: Investors dumped risk assets and flocked to havens yesterday as a new variant of the coronavirus made its presence known in global markets.
Fears the variant first discovered in South Africa may spread internationally – thwarting the global economic recovery – pushed global bonds and the yen higher while the rand fell to its lowest in a year.
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!
