Asian shares fall as Delta variant casts shadow over growth

Published by
Reuters

By Alun John HONG KONG (Reuters) – Asian shares failed to catch a firm lead from a bumper Wall Street session on Friday as the spread of the Delta variant of the coronavirus across the region heightened worries about the its economic recovery. MSCI’s broadest index of Asia-Pacific shares outside Japan lost 0.35%, dragged down by Chinese blue chips, which fell 0.56% and Hong Kong down 0.46%. Japan’s Nikkei rose 0.11%. “There are two main drivers of volatility in the market this week, firstly everything surrounding the Chinese regulatory drive, and secondly the severity of Delta outbreaks around…

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