TOKYO (AP) — Asian shares are rising on the optimism over the new leadership in Washington that has set off a rally on Wall Street. Benchmarks in Japan, South Korea, Australia and China rose in Thursday morning trading. Hopes are high that President Joe Biden’s administration will mean more support for the struggling U.S. economy, setting off a recovery that’s crucial for the export-driven Asian region. Stocks rallied to record highs on Wall Street. Biden, who took the oath of office to become the 46th U.S. president, has pitched a $1.9 trillion plan to help families and businesses.
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January 21, 2021 at 09:45AM
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Asian shares rise on optimism for more stimulus from Biden - WBNG-TV
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