Reported about 6 hours ago
Asian equities experienced gains as US stock markets reached record highs, bolstered by expectations of easing inflation impacting Federal Reserve policy. In particular, shares in Japan, South Korea, Australia, and China advanced, guided by prospects of a liquidity tool from China's central bank aimed at institutional investors. Investors are optimistic about potential fiscal stimulus in China amid anticipated inflation data from the US, which may influence the Fed's future interest rate decisions.
Source: YAHOO