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Sunday, May 5, 2024

Asian shares decline on vaccine, virus worries

Asian shares started the week off with losses, as investors grew wary over the recent surge in coronavirus cases in many places while vaccinations are making scant headway

Shares fell in Tokyo, Shanghai, Hong Kong and Sydney.

A moderation in bond yields has helped restore confidence that the Federal Reserve will move soon to raise interest rates to keep inflation in check as the economy recovers from the…

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