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Global Markets: Asian shares extend recovery on Wall Street gains

Reuters  |  SHANGHAI 

By Andrew GalbraithSHANGHAI (Reuters) - Asian shares were higher on Friday following gains on Wall Street overnight, as concerns over an escalating U.S. trade war with China took a breather.MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2 percent, building on a 0.6 percent rise on Thursday, after U.S. stocks ended the day higher.Australian shares also gained 0.2 percent, while Japan's Nikkei stock index was 1.2 percent higher.Shares in Asia had recovered on Thursday after dropping on an announcement from Washington that the U.S. planned to institute 10 percent tariffs ...

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First Published: Fri, July 13 2018. 06:32 IST
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