Greater China stocks lead losses as Covid concerns resurge; Asia-Pacific markets fall
- Greater China stock indexes led losses as Covid concerns resurge, while Asia-Pacific markets traded lower on Wednesday.
- U.S. stock indexes initially fell sharply on Tuesday stateside before rallying in the afternoon.
- In central bank news, Bank Negara Malaysia is expected to release its monetary policy statement today. Analysts polled by Reuters expect the bank to raise rates by 25 basis points.