• Asian shares higher, many markets closed for Lunar New Year

    3 days ago - By Bésame

    BANGKOK - Shares were higher in Asia on Monday, but most markets were closed for the Lunar New Year holiday, with markets in Shanghai shut for the whole week.
    Tokyo's Nikkei 225 index added 1.1% to 26,852.85 and the S&P/ASX 200 in Sydney edged 0.1% higher, to 7,456.90. The gains followed a rally Friday for tech stocks that countered worries about the weakening U.S. economy.
    In other trading, U.S. benchmark crude oil lost 35 cents to $81.29 per barrel in electronic trading on the New York Mercantile Exchange. It gained $1.03 to $81.64 per barrel on Friday.
    Brent crude, the price benchmark...
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  • China says COVID deaths top 12,600 in a week, more than 1 billion people infected

    3 days ago - By Bésame

    Bloomberg News
    - China said its COVID-related death toll topped more than 12,600 in the week before the Lunar New Year holiday, while a top health official suggested more than 1.1 billion people had been infected since virus controls were abruptly dismantled late last year.
    There were 12,658 COVID-linked deaths at hospitals between Jan. 13-19, the Chinese Center for Disease Control and Prevention said in a statement dated Saturday. A week earlier, the country reported 59,938 such deaths for the period Dec. 8-Jan. 12.
    The data comes after China came under fire for dramatically narrowing...
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