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Asian stocks up as US-China trade tensions ease, dollar dips

Updated : May 14, 2018 08:32 AM IST

Asian shares held near one-month highs on Monday on signs the United States and China were toning down their trade war rhetoric, while the dollar dipped again as investors wagered on a slower pace of US interest rate hikes.
MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.07 percent, on track for a third straight day of gains and within striking distance of one-month high.
Japan's Nikkei tacked on 0.1 percent while South Korea's KOSPI index climbed 0.3 percent.
Asian stocks up as US-China trade tensions ease, dollar dips

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