This translation has been automatically generated and has not been verified for accuracy.Asian stock markets rose for second day Tuesday on hopes for progress toward a possible coronavirus vaccine that might allow the world to revive manufacturing, shopping and normal life.
Also Tuesday, China reported October inflation fell to its lowest level in a decade. That gives Beijing room to spend more heavily and ease access to credit further if necessary to support an economic recovery that is gathering strength. Markets also were relieved by the resolution to the extended uncertainty about the battle for the U.S. presidency. Over the weekend, Democrat Joe Biden clinched the final Electoral College votes to unseat U.S. President Donald Trump, though Trump has yet to concede.
Chevron rose 11.6 per cent and The Walt Disney Co. gained 11.9 per cent on hopes people might drive more and visit theme parks again.