HONG KONG (AFP): Asian stocks rose Wednesday (June 17) 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 past a worrying increase in infections from Tokyo to Beijing to Texas.
