The developments helped offset a worrying spike in infections in the United States, which has led to the reimposition of containment measures that could slow recovery in the world‘s top economy, and warnings of worse to come.
Hong Kong led the gains on reopening after a one-day break.
The Hang Seng Index rose almost three percent, while Shanghai ended up 2.1 percent.
Tokyo ended up 0.1 percent with signs of a flare-up in new cases in the Japanese capital weighing on sentiment.
The gains came after another all-time high for the tech-heavy Nasdaq on Wall Street, with investors now awaiting the release of key US June jobs data later in the day for a better grip on the economy following May‘s surprise jump in employment.
There was some cheer as figures from payroll services firm ADP showed a 2.37 million increase in private jobs, slightly below forecasts, though it added that 3.06 million posts were created in May, a revision from its initial report of 2.76 million lost.
Meanwhile, hopes for a vaccine were given a boost after Germany‘s BioNTech and US pharmaceutical giant Pfizer reported positive preliminary results from a joint project, which showed positive antibody responses.
“We have been here before – it’s too early to get too excited – but a working vaccine is the holy grail as it would allow real normality to return to the economy.”Europe continued with its lockdown easing, with the EU reopening its borders to visitors from 15 countries, while Spain and Portugal held a ceremony to free up their land border.