Asia Stocks At One-Year High On Global Easy Money Policy, Oil Jumps
Asian shares rose to one-year highs, expanding their gains this year to 10 percent, supported by a jump in oil prices and investor expectations of an extended phase of easy monetary policy around the globe.
MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.3 percent, bringing its gains so far this year to 10 percent. Japan's Nikkei shed 1.6 percent as the yen strengthened to one-month high.