Asian equities gain on US stimulus hopes
Concern about crackdown on Chinese companies knocks shares in Tencent and Alibaba more than 4%
07 January 2021 - 08:48
Singapore — Bonds nursed losses and stock markets rose on Thursday in anticipation of a big-borrowing and big-spending Democrat administration driving growth, after runoff elections that gave the party control of both houses of the US Congress.
US treasuries suffered their steepest sell-off in months after Democrat victories in two Georgia races handed them narrow control of the Senate and the power to pass their agenda...
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