Asian markets mostly up on Covid-19 vaccine, stimulus hopes

HONG KONG (AFP): Fresh hopes for a virus vaccine and another round of US stimulus lifted Asian markets on Wednesday, though gains remained tethered by the reimposition of containment measures and China-US tensions.

Investors took their lead from Wall Street's pop higher, which came after US biotech firm Moderna said the final stage of human trials for a Covid-19 vaccine would start at the end of the month, after a report said its first stage tests had been a success.