Asian shares fare well as earnings season begins
The Chinese yuan rose to a four-month high of 6.9872/$ and the dollar sat near a one-month low against a basket of currencies
09 July 2020 - 09:18
Singapore/New York — Asian equity markets ground higher as investors tried to look past gathering China-US tension and renewed coronavirus lockdowns to upcoming company earnings, hoping that global stimulus efforts will yield upbeat outlooks.
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.6% and touched a 20-week high as Chinese stocks extended their extraordinary rally...
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