Economic news

Review: Asian stocks extend gains

Asian stocks rose to a two-year high on Thursday as investors understood that Federal Reserve will not hurry to tighten monetary policy.

MSCI's broadest index of Asia-Pacific shares jumped 1.2 percent to its top since May 2015.

Japan's Nikkei rose 0.15 percent.

Australia's S&P/ASX 200 Index leaped 1 percent, while South Korea’s Kospi Index was up 1.1 percent.

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