SINGAPORE: Asian equities gained on Friday while the dollar pushed to a fresh one-month high as investors braced for crucial US jobs data later in the day that should provide clues on how aggressive the Federal Reserve will be in tightening policy.
The yen continued its retreat from a seven-month peak for a fourth straight day, even as the yield on the 10-year Japanese government bond reached the central bank's new policy ceiling of 0.5%, a level not seen since July 2015.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
