© Reuters. FILE PHOTO: A man stands on an overpass with an electronic board showing Shanghai and Shenzhen stock indexes, at the Lujiazui financial district in Shanghai, China January 6, 2021. REUTERS/Aly Song//
By Anshuman Daga
SINGAPORE (Reuters) – Asian stocks rose to their highest in more than a month on Tuesday, underpinned by a broad recovery on Wall Street while the euro was stuck near a one-week low against the dollar amid talk of more sanctions against Moscow.
MSCI’s broadest index of Asia-Pacific shares outside Japan built on early gains and advanced 0.3% to 602.2, the strongest since Feb. 24.
The benchmark has lost 4% so far this year, dragged by big declines in Chinese shares, while the Russia-Ukraine crisis has also hurt the near-term outlook.
The United States and Europe were planning new sanctions to punish Moscow over civilian killings in Ukraine, and President Volodymyr Zelenskiy warned more deaths were likely to be uncovered in areas seized from Russian…
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2022-04-05 02:45:00
