TOKYO/WASHINGTON - Asian shares rose on Thursday on hopes the COVID-19 pandemic is nearing a peak and that governments would roll out more stimulus measures, while expectations of an oil production cut agreement bolstered crude prices.
MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.6%, following a strong Wall Street close.
Shares in China, where the novel coronavirus first emerged late last year, rose 0.54%. Australian shares were up 1.52%.
Oil prices extended gains on hopes major producers wil...