mo4ch:>Coronavirus: Asia stocks steady on stimulus plans

Coronavirus: Asia stocks steady on stimulus plansCoronavirus: Asia stocks steady on stimulus plans18 March 2020 Related TopicsCoronavirus pandemic Image copyrightAFP/GettyAsian stock markets steadied on Wednesday after major economies revealed details of their plans to ease the impact of the coronavirus pandemic.It came after Wall Street's main indexes rebounded by more than 5% on Tuesday after steep falls on Monday.In the US, the Trump administration outlined a $1 trillion (£830bn) package to support the world's biggest economy.At the same time the UK has revealed details of its own stimulus measures, including £330bn of business loans.In early Asian trade, Japan's benchmark Nikkei 225 was 1.4% higher, the Hang Seng in Hong was up by 0.5%, and China's Shanghai Composite gained 1.2%. However, overnight US stock market futures were indicating a weaker open for Wall Street.Oil prices have also steadied after sliding on Tuesday to their lowest level in four years.Global ener…