US stock futures, Asian shares gain on hopes of world economic recovery

Asian shares and U.S. stock futures rose on Thursday as growing optimism about economic recovery from the coronavirus pandemic trumped immediate concerns about a standoff between the United States and China over Hong Kong. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.5%. Australian shares rose 1.86% to the highest in […]

Stocks rise on hope that worst of economic plunge has passed

sian shares surged Friday on optimism the worst of the economic fallout from the pandemic may be over, as Wall Street logged its biggest rally in a week. Japan’s benchmark Nikkei 225 jumped 2.6 per cent to 20,179.09 in afternoon trading, helped partly by local media reports about fresh government […]