In these grim times of coronavirus, the light at the end of the tunnel remains elusive, as the virus’ grip on the Asia-Pacific area tightens.
According to the most recent update, Australia’s state of New South Wales (NSW) has seen the largest daily increase in new cases thus far in 2021, with the Sydney lockdown prolonged until July 16.
On Thursday, South Korea reported a day high of 1,275 new covid infections.
Indonesia reported a total of 31,189 new COVID-19 cases and 728 deaths on Wednesday. The limitations have been extended until July 20 in the Southeast Asian country.
Meanwhile, the Japanese government is pushing for a new state of emergency in Tokyo.
With the S&P 500 futures down 0.13 percent on the day to 4,344, the market atmosphere remained gloomy despite cautious FOMC minutes and mounting virus fears. The majority of Asian stocks are in the red./nRead More