Asian stocks rise on hopes pandemic is reaching it peak
Signs that infections may be declining is changing market sentiment, but analysts warn that it‘s too soon to be overly optimistic
09 April 2020 - 08:30
Tokyo/Washington — Asian shares rose on Thursday on hopes the Covid-19 pandemic is nearing a peak and that governments would roll out more stimulus measures, while expectations of an oil production cut agreement bolstered crude prices.
MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.6%, following a strong Wall Street close...
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