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...
BL Premium
This article is reserved for our subscribers.
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now