Markets soar on signs of global recovery
China’s first quarter growth rises while US posts strong US economic data
16 April 2021 - 07:00
Tokyo — A batch of Chinese and US economic data helped underpin global stocks near record highs on Friday, as investors priced in a solid global recovery from the coronavirus-induced slump.
In Asia, markets were largely steady after China reported a sharp acceleration in first quarter growth, though the reading slightly undershot expectations while retail sales bounced strongly last month...
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