Asian shares close in on 2-1/2-year peak as US stimulus hopes return

TOKYO/NEW YORK: Asian shares inched close to 2-1/2-year highs on Friday as revived hopes for a U.S. stimulus deal eclipsed weaker-than-expected jobs data, while mainland Chinese markets jumped after a week-long holiday. Investors are also increasingly expecting the Democrats to take back the White House, and possibly the Senate as …

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Asian stocks struggle to build on Wall Street gains, dollar rises

SINGAPORE/NEW YORK: Asia’s stock markets struggled to emulate Wall Street’s rebound on Wednesday as persistent worries about the global economic recovery kept investors cautious, while ebbing inflation expectations helped the U.S. dollar to a two-month high. MSCI‘s broadest index of Asia-Pacific shares outside Japan was steady after two days of …

Read moreAsian stocks struggle to build on Wall Street gains, dollar rises