Asia markets mostly up on US jobs news but inflation fears linger


HONG KONG (AFP): A forecast-busting US jobs report and the Senate's approval of Joe Biden's huge stimulus package helped push most Asian equities higher Monday, while Brent crude broke past US$70 for the first time in almost two years after an attack on energy facilities in Saudi Arabia at the weekend.

Traders were given a stellar lead from Wall Street, where all three main indexes surged following news that the world's top economy created 379,000 jobs in February, reaffirming the view that it is on track for a strong recovery helped by the rollout of vaccines and easing of lockdowns.

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Asian , equities , March 8 , opening

   

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