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Eric vas

Asian markets rise on stimulus hopes

TOKYO: Equities mostly rose as investors struggled for traction in Asia on Wednesday following a tepid lead from Wall Street, with hopes for another vast US virus relief package offset by political upheaval in Washington and surging virus cases. Risk sentiment was given a vital boost Tuesday when several top Federal Reserve officials played down the chances the central bank will begin winding down its bond-buying easy-money policy anytime soon, despite expectations of higher inflation caused by a new stimulus. Democrats are pushing ahead with impeachment proceedings against Donald Trump, who is accused of inciting last week’s storming of the Capitol Building, though there are concerns of further unrest leading up to Joe Biden’s January 20 inauguration. Trump warned of “tremendous anger” across the country. There is a worry that such a move could overshadow the new president’s first few months in office, distracting him from his goal of pushing through a third rescue package for ... » Learn More about Asian markets rise on stimulus hopes

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