Asia stocks News

MSCI`s broadest index of Asia-Pacific shares outside Japan rose to its highest since December 2007 and was last up 0.2 percent.

World stocks hit their highest level since mid-2015 on Thursday after strong Chinese data added to the optimism about global growth and inflation that has been driving markets since the start of the new year.

Asian markets mostly fell Tuesday as a week-long rally finally came to an end with traders cashing in profits and awaiting developments in Britain`s preparation to leave the European Union after last month`s exit vote.

Oil prices fell again both on the Fed rates outlook and as investors took profits on last week`s 10 percent rise.

Asia stocks staged another rally in early trade on Friday, taking heart from strong US growth figures to cement a recovery after a torrid week when global markets took fright over China`s gloomy economic outlook.

Asian shares made a tentative rebound from three-month lows on Wednesday though the spectre of higher borrowing costs in the United States and concerns about the apparent lack of progress in talks between Greece and its creditors sapped confidence.

Tokyo fell 0.44 percent by lunch, Hong Kong lost 0.20 percent and Seoul gave back 0.38 percent, but Sydney was flat and Shanghai rose 1.54 percent.

Most Asian markets fell on Thursday, with Shanghai plunging more than five percent at one point and Tokyo`s early gains whittled to almost nothing but the euro held its gains after Greece and its creditors met for key debt reform talks.

Asian shares got off to a lacklustre start on Wednesday after a mixed day on Wall Street, though Japan`s better-than-expected economic growth lifted the Nikkei to a nearly one-month high.

Oil prices are little changed with Brent futures standing at $66.84 per barrel.

Asian markets mostly retreated, however, the euro added to recent gains after data showing the eurozone economy picking up,

MSCI`s broadest index of Asia-Pacific shares outside Japan added 0.5 percent. Japan`s Nikkei stock index edged down slightly.

An index of Asian shares rose on Friday, on track for a weekly gain as a fresh record for the Nasdaq helped nudge it toward seven-year highs, while the dollar marched in place after more lacklustre U.S. economic data.

Tokyo stocks opened 0.49 percent higher on Tuesday with investor sentiment lifted by sharp gains on Wall Street and a weaker yen.

Hong Kong stocks were marginally lower in the first few minutes of trade Monday as China`s decision to cut the amount of cash banks must keep in reserve was offset by a mainland clampdown on margin trading.

Asian markets rallied Wednesday in the first full day of trade since the Easter weekend, with Hong Kong surging as it reacted for the first time to weak US jobs data that reduced the chances of a rate hike any time soon.

Asian shares rose and the dollar dropped on Monday, after a dismal U.S. jobs report pushed down U.S. Treasury yields as investors pared bets the U.S. Federal Reserve would hike interest rates anytime soon.

Asian markets mostly retreated Wednesday following losses on Wall Street, with Tokyo also hurt by a disappointing reading of Japanese business confidence.

Asian markets mostly wound back Thursday, in line with a hefty sell-off on Wall Street, after surprisingly weak US data hinted at ongoing weakness in the world`s number one economy.

Asian shares slipped on Thursday as losses on Wall Street and soft U.S. economic data soured sentiment, while the dollar`s bull run looked to have stalled for the time being.