Asian stocks steady in early trade Wednesday on strong US data


  • Business
  • Wednesday, 20 Aug 2014

Tokyo's Nikkei gained. 0.2 percent and South Korea shares rose 0.4 percent. MSCI's broadest index of Asia-Pacific shares outside Japan was flat.

TOKYO: Asian stocks were steady on Wednesday after strong US housing data lifted Wall Street shares, helping nudge Treasury yields higher and keeping the dollar well bid against the euro and yen.

Tokyo's Nikkei gained 0.2% and South Korea shares rose 0.4%.

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