Global equity markets and US stock futures fell after South Africa raised the alarm over a new, fast-spreading strain of the coronavirus.
By early afternoon on 26 November in Hong Kong, the city’s benchmark Hang Seng Index stood 2.2% lower, while Tokyo’s Nikkei 225 closed down 2.5%. Australia’s S&P/ASX 200 pulled back 1.7%.
“For now, Covid...
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