Asian markets up on hopes for Fed stimulus



The News International - By : Staff Reporting

Asian markets climbed on Wednesday on hopes for a fresh stimulus drive by the US Federal Reserve to kick-start its economy while G20 leaders pledged to “restore confidence” in the world economy.

European heads at the G20 summit in Mexico also vowed to begin looking at a region-wide banking union as they attempted to soothe investor concerns over the debt-riddled Eurozone.

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