Asian shares extended their rally on Wednesday in the wake of Wall Street's big gains as U.S. Congress appeared closer to passing a US$2 trillion stimulus package to curb the coronavirus pandemic's economic toll.
On Tuesday, MSCI's gauge of stocks across the globe gained 8.39per cent, the largest single-day gain since the wild swings seen during the height of the global financial crisis in October 2008. The dollar stayed firmer against the yen due to dollar demands at the March 31 end of the Japanese financial, trading at 111.33 yen, near a one-month high of 111.715 touched the previous day.
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