Asia markets mostly up after senate passes huge stimulus


Pedestrians walk in front of a quotation board displaying stock prices on the Tokyo Stock Exchange in Tokyo on March 26, 2020. - AFP

HONG KONG (AFP): Asian markets mostly rose Thursday (March 26) as investors breathed a sigh of relief that US senators have finally passed a gargantuan stimulus package for the world's top economy after being delayed by wrangling over details.

The unprecedented US$2 trillion plan -- described by Senate Majority Leader Mitch McConnell as a "wartime level of investment" -- helped spur a surge across global equities as panicked traders worried about the impact of the coronavirus sweeping the planet.

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