SINGAPORE: Asian stocks rose on Tuesday with Japanese equities hitting a record high as the extension of the tariff truce between the U.S. and China boosted sentiment and focus turned to a key U.S. inflation report to gauge the future policy-rate path.
Australian shares slightly extended gains while the currency was choppy after the Reserve Bank of Australia expectedly cut its main cash rate by a quarter point to a two-year low of 3.60%.
