Stocks slip, havens rally as new COVID-19 variant spooks investors
Asian stocks suffered their sharpest drop in two months on Friday after the detection of a new and possibly vaccine-resistant coronavirus variant sent investors scurrying toward the safety of bonds, the yen, and the dollar. MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) fell 1.3%, its sharpest drop since September. Casino and beverage shares sold off […]
Australian trading system upgrade was not ready, report into outage finds
An independent review of the Australian stock exchange outage last November found that the bourse operator’s new trading system was not ready to go live, the country’s corporate regulator said on Monday.
