Economic news

Review: Asian stocks rise, following fresh record highs on Wall Street

Asian stock markets were widely higher on Tuesday, with shares in Hong Kong and Japan led gains to follow overnight firmness on Wall Street due to upbeat economic data.

MSCI’s broadest index of Asia-Pacific shares rose 0.4 percent in afternoon trade.

Japan's Nikkei finished up 1.1 percent to its top since August 2015.

The Hang Seng Index jumped 1.6 percent, while Australian shares slipped 0.5 percent.

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