Asia stocks rise as recovery signs offset new lockdowns | Malay Mail

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HONG KONG, July 2 — Asian markets rose today following a record lead from Wall Street, with investors cheered by hopes for a vaccine, more positive economic data and further lockdown easing in Europe. The developments helped offset a worrying spike in infections in the US, which has led to the...

Hong Kong leads gains in Asian markets on reopening after a one-day break, despite concerns about a new security law imposed by China. — Reuters pic

Hong Kong led the gains on reopening after a one-day break, despite concerns about a new security law imposed on the city by China that observers said was more draconian than feared and could impact its future as an attractive business hub. There was some cheer from figures showing a 2.37 million increase in private payrolls, though that was slightly below forecasts.

Europe continued with its lockdown easing, with the EU reopening its borders to visitors from 15 countries, while Spain and Portugal held a ceremony to free up their land border.And the Netherlands confirmed the lifting of measures imposed on its brothels and red-light districts.

 

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