Vaccine hope and easing of lockdowns fuel Asia stocks rally


HONG KONG (AFP): Hopes for a vaccine to treat coronavirus and a further easing of lockdown measures around the world spurred a rally on Asian markets Tuesday (May 19) as investors tracked a surge across Europe and Wall Street.

A half-a-trillion-dollar Franco-German plan to support the European Union economy also lifted confidence, while Australian investors brushed off news that China had imposed massive tariffs on barley imported from the country.

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Asian , equities , market , May 19 , opening

   

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