Indonesian shares lead Asia recovery on Evergrande assurance


BENGALURU: Indonesian shares jumped nearly 1% on Wednesday to lead gains among most emerging Asian equities, as China Evergrande's promise to pay some bond interest calmed nerves, while Singapore stocks hit four-month lows due to a spike in COVID-19 cases.

Shares in Manila moved further away from multi-week lows and equities in Jakarta were set for their best day since Aug. 30 after Evergrande allayed fears of an imminent collapse.

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