Asia stocks rise as traders bet on new measures to fight coronavirus

Stock markets across Asia Pacific gained ground ahead of a series of central bank meetings as investors bet on new support measures to tackle the global economic impact of the coronavirus pandemic. Japan’s Topix benchmark added 0.9 per cent on Monday morning, while South Korea’s Kospi index rose 1.6 per and Australia’s S&P 200/ASX added 0.6 per cent. Will the Federal Reserve slash interest rates to zero?

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