Worldwide markets faint as an Evergrande alludes to save bargain
Asian business sectors expanded their dunk into the red in Monday's meeting as financial backers processed news that exchanging of Chinese property firm Evergrande's offers had been suspended.
The designer, which owing debtors as much as $300bn (£221bn), later said it is expecting a takeover deal and there would be "an announcement containing inside information about a major transaction".
Markets were shut in central area China for a vacation, but the Hang Seng headed 2.3% lower for the time being and Japan's Nikkei shut 1.1% lower.
European business sectors were blended, notwithstanding information on a possibly game changing new COVID-19 medication.
The exploratory medication — molnupiravir — for serious COVID cuts the danger of hospitalization or passing by about half, brea...