Economic news

Review: Asian stocks touch decade highs

Asian stocks soared to the highest level in a decade on Wednesday as Wall Street hit all-time highs.

The MSCI’s broadest index of Asia-Pacific shares rose 0.5 percent to 546.38, its highest since December 2007.

Australian shares leaped to 1-1/2 month highs while South Korea’s KOSPI increased 0.6 percent.

Japan's Nikkei 225 index inched up 0.3 percent to close at 20,881.27, its top since Dec. 5, 1996.

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