Asia rallies on Fed stimulus plans

Asian stock indices opened the second session of the week higher as the Federal Reserve announced plans to directly buy corporate assets to bolster the market, underlining risk appetite as global central banks unleash unprecedented stimuli to combat the coronavirus fallout. 

The World Health Organization announced the death toll reached 14,652 among 335 thousand infected cases in 189 countries. 

Japan's TOPEX rose 3.07%, while Nikkei 225 spiked 6.74% to 18,026. 

China's CSI 300 powered up 1.79%, while Shanghai added 1.41% to 2,697. 

Hong Kong's Hang Seng spiked 3.51%, as South Korea's KOSPI added 5.63% to 1,565. 

New Zealand's NZX 50 surged 6.65%, as Australia's S&P/ASX 200 rose 1.79% to 4,627.