Economic news

Review: Asian stocks reach 10-year peak on firm economy

Asian stocks scaled a 10-year peak on Wednesday amid strong economic growth worldwide.

MSCI’s broadest index of Asia-Pacific shares jumped 0.6 percent.

South Korea's Kospi soared 1.1 percent, while Japan’s Nikkei advanced 1.4 percent.

Hong Kong’s Hang Seng Index increased 0.8 percent and the Shanghai Composite Index gained.

Australian shares rose 0.5 percent.

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