Asia markets surge as US agrees blockbuster stimulus package

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HONG KONG: Asian equities soared again Wednesday after US lawmakers finally agreed a mammoth stimulus package to support the world?s top economy against the impact of the coronavirus pandemic. While the deadly disease continues to spread, traders have a rare semblance of optimism after weeks of carnage across global markets, with eyes fixed on Washington where lawmakers in the early hours thrashed out an emergency bill worth as much as $2 trillion ? around 10 percent of US gross domestic product.

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