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TOKYO: Japan shares closed firmer rose on Wednesday, taking positive cues from Wall Street as Dow Jones benchmark scaled a record high overnight, with investor sentiment lifted by vaccine optimism and fading U.S. election uncertainty.
HONG KONG (AFP): Asian markets rallied Wednesday (Nov 25) following a blockbuster performance on Wall Street as vaccine successes and easing US political uncertainty boosted investor confidence in the economic recovery.
BEIJING/SHANGHAI: As luxury spending rebounds in China, consumers with money to burn have a new habit beyond fancy bags and watches: a taste for collector editions of fiery domestic liquor Moutai, not to drink but to hold onto as a rapidly appreciating investment.
NEW YORK: U.S. stocks rallied on Tuesday and the Dow breached the 30,000 level for the first time, as investors anticipated a 2021 economic recovery on coronavirus vaccine progress and the formal clearance for President-elect Joe Biden's transition to the White House.
CHICAGO, Nov. 24 (Xinhua) -- The monetary value of a vaccine that could potentially end the COVID-19 pandemic is between 5 percent and 15 percent of worldwide wealth, according to a study posted on the website of the University of Illinois (UI) on Monday.
SINGAPORE: Oil extended gains after closing at the highest level since August on signs Covid-19 vaccines could be rolled out within weeks and as the start of the United States presidential transition process aided markets in general.
SHANGHAI: The yuan rebounded against the dollar on Tuesday, after the Trump administration cleared the transition for US President-elect Joe Biden, with hopes of better relations between Beijing and Washington also underpinning a broad lift in sentiment.
GENEVA (Reuters) - Foreign donors pledged a projected $12 billion in civilian aid to Afghanistan over the next four years at a conference on Tuesday, but many made it conditional on protecting human rights and making progress on peace talks in a major shake-up for the country's economy.