SINGAPORE: Asian shares climbed to fresh two-month highs on Tuesday, taking cues from a rally on Wall Street while the dollar languished near its lowest in two-and-a-half months on expectations the U.S. Federal Reserve is likely done with interest rate hikes.
MSCI's broadest index of Asia-Pacific shares outside Japan was 0.97% higher at 510.11 having touched 511.05, the highest since Sept. 18. The index is up 7% for the month and on course for its biggest monthly gain since January.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
