Asian Stocks Pare Gains Amid Caution About Bets on Coronavirus Vaccine

TOKYO/BOSTON (Reuters) – Asian shares pared their gains in choppy trade on Thursday as investors awaited further details on whether drugmakers can develop a coronavirus vaccine.

MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.06% to 609.41, which is near its January 2018 high of 617.12. Chinese shares .CSI300 erased early gains and fell 0.02%. Stocks in Japan .N225 hit a 29-year high.

Australian stocks .AXJO fell 0.49% as a decline in copper prices hurt shares in miners. S&P 500 stock futures fell 0.55%. Read more…..


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Warren E. Buffett, speaks with Economic Club President David M. Rubenstein on June 5, 2012, honoring the 25th Anniversary of The Economic Club of Washington, D.C..

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