HONG KONG, China – Asian markets drifted Friday as investors took their feet off the pedal after rallying for the past month on vaccine optimism and easing US political uncertainty.
Hopes are high that with at least three inoculations close to being rolled out, life can begin to get back to normal next year and give a much-needed boost to the battered global economy.
News of the vaccine successes have sent stocks powering higher, led by airlines and other tourism-linked companies.
But the rally has been kept in check by a frightening surge in virus infections across the United States and Europe, with some other countries including Japan and …
Keep on reading: Asia markets ease back as investors take breath after rally