Asian markets struggle as traders lick wounds after tough week

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HONG KONG, China – Asian markets were mixed Friday as investors struggled to kickstart a rebound after a painful week for global equities that has been characterised by fears over surging infections and a stuttering vaccine rollout.

Traders have been licking their wounds after the worst global rout since October, with talk of a correction following a months-long rally that has seen several indexes strike record or multi-year highs.

But observers remain confident for the long-term prospects of prices as the planet emerges from lockdowns and more people get inoculations.

Wall Street and most of Europe provided a positive lead, helped by some much-needed pos…

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