Asian Shares Post Biggest Gain In A Month
Hong Kong: Asian stocks posted their biggest daily rise in a month on Monday following modest gains in US shares, though the greenback came under renewed pressure as Washington’s political turmoil undermines confidence in US economic policy. MSCI’s broadest index of Asia-Pacific shares outside Japan edged up 0.9 per cent on Monday helped by gains in Australia and Hong Kong stocks despite fresh curbs unveiled by regulators on the property markets in the latter. “This won’t have much impact on the market as buyers will continue to focus on the…
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