Asia stocks rise on bets of more stimulus as dollar rally fades

MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.0%. Australian shares were up 2.02%, while Japan's Nikkei stock index rose 3.65%. E-Mini futures for the S&P 500 rose 0.81% in Asia following three consecutive days of gains in the S&P 500 on Wall Street.

TOKYO: Asian stocks rose on Friday as investors wagered policymakers will roll out additional stimulus measures to combat the coronavirus pandemic after U.S. unemployment filings surged to a record.

MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.0%. Australian shares were up 2.02%, while Japan's Nikkei stock index rose 3.65%.