Asian markets shrug off Wall St declines to edge higher
Investors remain cautious on global recovery and US election uncertainty
18 September 2020 - 07:56
Singapore/New York — Asian stocks inched up on Friday, despite Wall Street declines, but struggled to make deeper gains as worries about a faltering economic recovery kept investors to the sidelines, or seeking safer harbour in assets such as the Japanese yen.
Oil prices held hefty overnight gains after Opec flagged a crackdown on member states that did not cut output and the dollar was back to nursing losses after a brief journey higher in the wake of Wednesday’s Federal Reserve meeting...
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