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Coronavirus: Asia’s economic recovery losing momentum as Delta variant knocks wind out growth

Summary:
[unable to retrieve full-text content]Asia’s robust economic recovery from last year’s coronavirus low is losing momentum as a surge in Covid-19 cases sees shops empty again and factories close, dimming prospects for corporate profit growth after a blockbuster half year.The rapid spread of the highly infectious Delta variant of the coronavirus and low vaccination rates have caught much of the region off guard, especially in emerging markets, even as economies in Europe and North America reopen.“It’s clear that economies across the…

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[unable to retrieve full-text content]
Asia’s robust economic recovery from last year’s coronavirus low is losing momentum as a surge in Covid-19 cases sees shops empty again and factories close, dimming prospects for corporate profit growth after a blockbuster half year.The rapid spread of the highly infectious Delta variant of the coronavirus and low vaccination rates have caught much of the region off guard, especially in emerging markets, even as economies in Europe and North America reopen.“It’s clear that economies across the…
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