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Asian shares shake off US tax worries, lifted by gains in China Reuters SHANGHAI | Updated on Cryptocurrencies plunge, Bitcoin drops below $50,000 level A key gauge of Asian shares rose on Friday, supported by gains in China and a decision by the European Central Bank to maintain stimulus, while investors largely shrugged off the impact of a possible US capital gains tax hike. Modestly firmer equity markets contrasted with ructions in cryptocurrencies as investors fretted over the impact of tax changes. Bitcoin s rout deepened, dropping below the $50,000 level to a low of $48,338.37, its lowest level in nearly seven week. Ethereum plunged nearly 12 per cent before trimming losses, and was last down about 7 per cent at $2,240.65. ....
TOKYO: Japanese shares extended losses on Wednesday as investor fears of potential lockdowns in the country s biggest cities cast doubts over the prospects of an economic reopening. Nikkei share average tumbled 2.03% to close at 28,508.55, while the broader Topix fell 1.98% to 1,888.18 - both indexes dropped the most in about a month. Global investors find little reason to buy Japanese stocks because Japan is lagging behind other countries in terms of containing the virus, said Hideyuki Ishiguro, senior strategist, Daiwa Securities. Worsening the sentiment is that Japan is now planning to declare a state of emergency again. The government is considering a state of emergency for Tokyo and Osaka as new COVID-19 case numbers surge, broadcaster NHK reported on Wednesday, a move that would enable prefectural authorities to impose curbs to try to stop infections spreading. ....
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Strong opening in China lifts Asian shares, but tech worries weigh Reuters HONG KONG | Updated on April 20, 2021 MSCI s broadest index of Asia-Pacific shares outside Japan gained 0.2 per cent Asian shares rose on Tuesday, led by a stronger Chinese opening and shaking off the initial drag from tech-driven Wall Street losses, while the dollar stayed at multi-week lows against other major currencies. MSCI s broadest index of Asia-Pacific shares outside Japan gained 0.2 per cent, swinging into positive territory after Chinese blue chips rose 0.13 per cent. South Korea gained 0.4 per cent. Elsewhere, Japan s Nikkei dropped 1.84 per cent, as the country continues to grapple with a resurgence in COVID cases. Australia slipped 0.33 per cent. ....
Justice delayed: More than 1000 days pass since Simon Greenwood charged over partner Nikki Gapes death in motorbike crash 19 Apr, 2021 12:47 AM 3 minutes to read Simon Greenwood with partner Nikki Gapes. Greenwood faced a charge over a Kaipara crash in which Gapes died. Photo / Supplied Simon Greenwood with partner Nikki Gapes. Greenwood faced a charge over a Kaipara crash in which Gapes died. Photo / Supplied A series of disasters and setbacks has delayed the trial of Simon Greenwood and more than 1000 days have passed since he was charged over the death of Nikki Gapes. Mother-of-three Gapes, 43, was Greenwood s partner. The Auckland couple were in a crash on the Kaipara Coast Highway in January 2018. ....