Asian markets rose in early trading Tuesday, following sharp gains on Wall Street as the U.S. economy continued to slowly reopen and drug maker Moderna announced positive early results from a potential COVID-19 vaccine.
gained 1.9% and Hong Kong’s Hang Seng Index
jumped 1.8%. The Shanghai Composite
advanced 0.5% while the Shenzhen Composite
rose 0.5%. South Korea’s Kospi
surged 1.7%, and benchmark indexes in Taiwan
all gained. Australia’s S&P/ASX 200
In Tokyo trading, Nippon Steel
surged while SoftBank
fell after posting a massive fiscal-year loss. Link Real Estate Investment
gained in Hong Kong. Samsung Electronics
rose in South Korea, while BHP
jumped in Australia.
shares soared 20% Monday after the company released “compelling”…
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