2 weeks Asian markets rise on hopes for stimulus Manilatimes |Biz
HONG KONG: Optimism that United States lawmakers will eventually pass a new stimulus package lifted Asian markets on Monday, with the White House ramping up its offer and Donald Trump insisting Republicans want to get a deal done. The gains followed another strong lead from Wall Street, with hopes for a fresh injection of cash into the world’s top economy overshadowing a surge in virus infections that have forced some governments to reimpose containment measures and targeted lockdowns. Investors were sent on a roller-coaster ride last week when the president called off talks before doing a volte-face to say ... more