Stock slips, haven rally as new COVID-19 variant scares investors

SYDNEY: Asian stocks suffered their sharpest fall in two months on Friday after a new and possibly vaccine-resistant coronavirus variant was detected, prompting investors to point to the safety of bonds, the yen and the dollar. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 1.3%, the sharpest decline since September. Casino and beverage stocks … Read more