Asian shares near three-week highs on Chinese support measures
Beijing’s plans to roll out targeted and phased tax and fee cuts also ups risk appetite
17 February 2020 - 08:06
Sydney — Asian shares reversed earlier losses on Monday and moved back toward a three-week top as Chinese efforts to cushion the blow from a coronavirus outbreak cheered investors, though Japanese stocks faltered amid growing recession risks.
Trading is expected to be light as US stocks and bond markets will be shut on Monday for a public holiday...
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