Asian markets at seven-week high on Covid-19 treatment hopes
Bonds and currencies were more cautious ahead of a European Central Bank meeting
30 April 2020 - 07:42
Singapore/New York — Asian stocks rose to a fresh seven-week high on Thursday, lifted by encouraging early results from a Covid-19 treatment trial, though bonds and currencies held cautious ranges ahead of a European Central Bank (ECB) meeting later in the day.
Anthony Fauci, the top US infectious disease official, said Gilead Sciences’s antiviral remdesivir will become the standard of care for Covid-19 after early results from a trial seemed to show it helped speed recovery...
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