BEIJING – Asian stocks rose Tuesday after Chinese manufacturing improved, South Korea reported stronger exports and Australia's central bank left its benchmark lending rate at a record low.Markets in Shanghai, Tokyo, Hong Kong and Sydney advanced as investors looked ahead to U.S.
Federal Reserve Chairman Jerome Powell’s appearance before legislators a day after he said the pace of recovery is moderating.Wall Street’s benchmark S&P 500 index closed down 0.5% overnight but ended November up 10.8% for its biggest monthly gain since April.Investors are optimistic about the development of a possible coronavirus vaccine despite caution about the short-term economic impact of rising virus cases in the United States and Europe.The future “seems.