The new Omicron strain has sparked fears that the global recovery could be put in jeopardy, as governments reimpose restrictionsHONG KONG - Asian markets broadly fell in morning trading Monday, tracking uncertainty over the Omicron variant of COVID-19 as well as disappointing US jobs data and the future of Chinese tech firms on Wall Street.
Nevertheless, the new strain has sparked fears that the global recovery could be put in jeopardy, as governments reimpose restrictions that many had hoped would be a thing of the past. Tracking those fears -- as well as signs of a looming hawkish shift in US rates -- Tokyo, Seoul, and Australia fell in morning trading.
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