Asia stocks bounce from one-year low, China gains on monetary easing

SINGAPORE: Asian shares staged a recovery on Tuesday on receding worries about the impact of the Omicron variant while Chinese markets were supported by the central bank easing monetary policy.

MSCI's broadest index of Asia-Pacific shares outside Japan advanced 1.3% and was on course for its biggest jump in two months, after declining on Monday to the lowest level in one year.