Asia markets mostly up after US rally, stimulus woe tempers hope

Energy Daily

Published

Hong Kong (AFP) Aug 13, 2020

Asian markets mostly rose Thursday following a rally on Wall Street but investors continued to fret over US lawmakers' failure to find common ground on a new rescue package for their beleaguered economy. All three main indexes in New York saw more sharp gains fuelled by optimism over the US economic recovery following a forecast-busting jump in inflation that indicated the key consumer secto

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