Stocks extend bull run on hopes of quick economic recovery
Al Jazeera
Optimism about a rapid global recovery and low interest rates push Asian shares higher, extending their recent gains.
Asian shares advanced on Tuesday, putting world equities on course to extend their bull run for a 12th consecutive session as optimism about the global economic recovery and expectations of continuing low-interest rates drive investments into riskier assets. Oil prices soared to a 13-month high as a deep freeze due to a severe snow storm in the United States not only boosted power demand but also threatened oil production in Texas. MSCI’s broadest index of Asia-Pacific shares outside Japan ticked up 0.45 percent while Japan’s Nikkei rose 0.4 percent to a 30-year high.
The ICC will decide next steps for the Pakistan-hosted tournament after India refused to travel to the country.
Authorities says five more people have been rescued, bringing the total to 33 survivors while seven remain missing.
Justin Trudeau and Claudia Sheinbaum urge dialogue as Donald Trump plans to hit US neighbours with 25-percent tariffs.
Officials have arrested a group of 14 people who emerged unassisted, including a teenage boy.
Despite claims its election victory is illegitimate, Georgian Dream party plans vote for new president on December 14, using rules it pushed through in 2017.
A court in Chittagong denied bail to the man charged with sedition as India cautioned about justice for minorities.
The federal criminal cases against Trump relating to 2020 election interference and mishandling of classified documents will no longer go ahead.
Violent clashes continue in Islamabad as security forces use tear gas, rubber bullets to disperse advancing protesters.
The new monitoring system could give the government unprecedented insights into citizens’ online use.
The incoming US leader, who is friendly with Putin, has touted a vague peace plan that worries military experts and government insiders.
Thousands clash with police as they force their way into capital to demand jailed ex-prime minister’s release.