Asian shares mostly higher on stimulus moves, jobs data
(WorldNews Japan)

Shares were mostly higher in Asia on Monday after President Donald Trump issued executive orders to provide tax relief and stopgap unemployment benefits for Americans hit by the fallout from the coronavirus pandemic. Shares rose Monday in Sydney, Shanghai and Seoul, while markets were closed in Tokyo for a holiday. “It has been an unusually risk-friendly start to the Monday proceedings, but there is still a lot of wood to be chopped on the U.S. stimulus deal, while Aug. 15 trade talks loom ominously,” Stephen Innes of AxiCorp said in a commentary. Stock prices fell in Hong Kong after the authorities arrested pro-democracy media tycoon Jimmy Lai on...