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04-03-2019, 12:53 AM
Asian shares scale seven-month highs; oil nears $70 on tight supply

Asian shares rose to seven-month highs on Wednesday as investors lapped up signs of progress in U.S.-China trade talks and brisk economic data, while oil approached the key $70 per barrel mark. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.5 percent around 0310 GMT, after earlier touching its highest level since late August. The index has risen nearly 3 percent since Thursday following reports of progress in trade talks between the United States and China, as well as reassuring factory activity data from China and the U.S.

https://finance.yahoo.com/news/asian-shares-near-seven-month-011730437.html?.tsrc=rss