Asian shares jump to record high as investors bet on healthier 2021 netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.
The first known U.S. case of a highly infectious coronavirus variant was detected in Colorado on Tuesday, and President-elect Joe Biden said that it could take years for most Americans to be vaccinated for the virus at current distribution rates.
GLOBAL MARKETS-Asian shares jump to record high as investors bet on healthier 2021 Reuters 12/30/2020
Popular Searches Dollar weakens, euro hits high since April 2018 European shares seen down slightly
By Hideyuki Sano
TOKYO, Dec 30 (Reuters) - Asian shares hit a record high on Wednesday with investors betting on a strong economic recovery next year, as there is little sign policymakers wind back massive stimulus efforts aimed at staving off coronavirus-fuelled downturns.
MSCI s gauge of Asia-Pacific shares excluding Japan rose 1.2% to hit a record high, led by gains in Chinese shares and bringing its gains so far this year to 18.9%.
Japan s Nikkei share average lost 0.45% on its last trading day of 2020 after jumping to a 30-year high on Tuesday. For the year, it was up 16.0%.
Gold firms as dollar slides to multi-year low reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
McConnell, the top Republican in the Senate, later introduced a bill combining the larger payments with provisions meeting Trump s demands for a repeal of legal protections for social media companies and a probe of the November election results. An aide described the action as a procedural move in response to a White House request.
Senate Democratic leader Chuck Schumer predicted the legislation would never become law.
McConnell had said earlier in the day that the Senate would begin to examine the cheques along with election integrity and limits on big technology companies: This week the Senate will begin a process to bring these three priorities into focus.