Asian stocks, oil sell off on second wave fears

Asian stocks, oil sell off on second wave fears

Asian stocks, oil sell off on second wave fearsAsian markets started the week on the backfoot on Monday while oil prices slipped as fears of a second wave of coronavirus infections in China sent investors scurrying for safe-havens. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.25% with Australian shares off 0.4% and South Korea slipping 0.6%. Japan’s Nikkei fell 0.75%.