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Omicron variant hurts confidence on reopening dividend but economic recovery seen as intact
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if Omicron turns out to be as bad as the Delta variant, the pace of the global economic recovery may suffer more than expected.
ST PHOTO: LIM YAOHUI
SINGAPORE - While the severity of the new Covid-19 variant is yet to be ascertained, some of the damage is already done.
The victim, as seen by the volatile swings in markets here and elsewhere, is the confidence that had been growing amid the economic reopening across the world.
