Asia shares perk up as Wall Street rises on receding inflation fears
Reuters
TOKYO |
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Nikkei jumps 1 per cent, while MSCI s broadest index of Asia-Pacific shares outside Japan added 0.6 per cent Asian stocks rose on Friday, setting the region up for a weekly gain, as investors tempered fears about hot inflation and the prospects of an early tapering of stimulus by the Federal Reserve.
Japan s Nikkei jumped 1 per cent, while MSCI s broadest index of Asia-Pacific shares outside Japan added 0.6 per cent.
Taiwan s tech-heavy stock index climbed 1.8 per cent, leading gains in the region, while Chinese blue chips added 0.3 per cent.
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