HONG KONG: Asian equity markets rallied on Monday (May 11) as traders looked past a staggering jump in US job losses to focus on governments easing virus lockdown measures and data showing death rates falling in some of the worst-hit countries.
Observers warned, however, that with the outlook still murky, traders could be getting ahead of themselves -- while there are concerns of a second wave hitting South Korea and China, which had been slowly reopening their economies.
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