Asian stocks keep rising on hopes over coronavirus treatment

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Business News News

US Food & Drug Administration authorises use of blood plasma from recovered patients as a treatment option

Sydney — Asian shares advanced for a second consecutive session on Monday, underpinned by coronavirus hopes after the US Food & Drug Administration authorised the use of blood plasma from recovered patients as a treatment option.

South Korea’s Kospi, which has been on a slippery slope since hitting a more than two-year peak earlier this month, climbed 0.9%. Analysts still urged caution with Wall Street indices already at record highs even as the world economy struggles to recover from the once-in-a-century pandemic. Looming large over this week is a keenly anticipated address by Federal Reserve chair Jerome Powell at the Kansas City Fed Jackson Hole symposium, where he will talk on the Fed’s monetary policy framework review.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian stocks keep rising on hopes over coronavirus treatmentUS Food & Drug Administration authorises use of blood plasma from recovered patients as a treatment option
Source: BDliveSA - 🏆 12. / 63 Read more »