Asian shares up as recovery hopes overshadow virus worries

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Asian shares up as recovery hopes overshadow virus worries
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Shares rose in Asia on Tuesday as some regions in Japan resumed close-to-normal business activity, with hopes for economic recovery overshadowing worries over the coronavirus pandemic.

The market focus is shifting to how various nations are adapting to getting back to business, while striving to keep new COVID-19 cases in check.

U.S. markets were closed for Memorial Day on Monday, while European benchmarks ended higher, reflecting the global investor optimism. France's CAC 40 jumped nearly 2.2% to end the day at 4,539.91. Germany's DAX surged 2.9% to 11,391.28. Trading was closed in Britain for a bank holiday. Yi Gang, in an interview on the bank's website, promised to push down borrowing costs for entrepreneurs and "support development of the real economy."

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