Equities rise as recovery hopes overcome second wave fears

Hong Kong (AFP) June 17, 2020

Asian stocks rose Wednesday after a cautious day as investors weighed fresh signs the world economy is in recovery against fears of a second virus wave, geopolitical tensions and profit-taking. US Federal Reserve and Bank of Japan pledges of more support for troubled businesses, and reports of a new trillion-dollar US stimulus sent regional markets soaring Tuesday as they helped traders look