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Asian stock markets rise after Wall St rebounds

KIFI

By JOE McDONALD
AP Business Writer

BEIJING (AP) — Asian stock markets hvae followed Wall Street higher after President Joe Biden reassured investors by calling for more vaccinations but no business or travel curbs to in response to the omicron coronavirus omicron variant. Tokyo, Hong Kong and Seoul advanced while Shanghai was down less than 0.1%. Wall Street rose, recovering the previous day’s losses. Biden announced the government will provide free rapid-test kits and increase vaccination efforts but gave no indication of plans for travel bans or other restrictions that might disrupt the economy. Other governments in Asia and Europe have tightened travel controls or pushed back plans to relax curbs already in place.

Article Topic Follows: AP National Business

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