Most Asian markets rise with eyes on US stimulus push

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Hong Kong

Asian markets mostly rose Monday, rebounding from a sell-off at the end of last week as investors keep tabs on the progress of Joe Biden’s new US economic rescue package. However, while vaccinations and long-term optimism about the economic outlook are providing support, sentiment remains weighed by concerns about surging virus infections and a new, more deadly strain. Lawmakers in Washington are getting to work on the $1.9 trillion stimulus proposal from the new president, with some suggesting they could pass something before the Senate holds an impeachment trial of Donald Trump, which starts in the week beginning February 8.—AFP

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