Asian shares rebound on global stimulus hopes
US stock futures bounce back in Asia as EU mulls new €750bn recovery fund
17 July 2020 - 07:26
Tokyo — Asian shares eked out gains and US stock futures bounced back on Friday as hopes of more government spending around the globe suppressed concerns about rising new coronavirus case numbers and worsening tensions between Washington and Beijing.
MSCI’s broadest index of Asia-Pacific shares outside Japan advanced 0.5%, paring a quarter of its 2% losses the previous day, while Japan’s Nikkei was almost flat...
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