Asian shares rise on lower oil prices and possible Xi-Biden meet

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Reuters

By Alun John HONG KONG (Reuters) – Asian shares rallied on Thursday, supported by a possible easing in U.S.-China tensions, and weaker energy prices, as oil edged down from multi-year highs. U.S. and European futures also bounced with S&P 500 futures rising 0.52%, and pan-region Euro Stoxx 50 futures gaining 1.23% in early trade a day after the Euro STOXX 600 index dropped 1.03% MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1.45%, which if it holds, would be the benchmark’s best daily performance since August. Hong Kong led Asia’s gains. The index rose 2.41%, bouncing from it…

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