© Reuters. FILE PHOTO: A passersby wearing a protective face mask is reflected on screen displaying the Japanese yen exchange rate against the U.S. dollar and stock prices at a brokerage, amid the coronavirus disease (COVID-19) outbreak, in Tokyo
By Scott Murdoch
HONG KONG (Reuters) – Asia’s share markets were mostly higher Tuesday as regional equity investors looked to signs of recovery from the coronavirus pandemic as major economies around the world reopen.
MSCI’s broadest index of Asia-Pacific shares outside Japan was up by 0.05% on the back of a positive lead from Wall Street overnight.
Hong Kong’s opened 0.3% higher at 28,441.95.
Australia’s S&P/ASX200 edged up 0.22% to 7,044.3 as the Reserve Bank of Australia is expected to keep the official cash rate on hold at 0.1% for May as it waits for further signs of the domestic economy’s rebound from the pandemic led downturn.
A statement following the decision at 0430 GMT will be monitored for indications whether the unprecedented quantitative easing...read more...