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Global Markets: Asian stocks up as U.S.-China trade tensions ease, dollar dips

Reuters  |  SYDNEY 

By Swati PandeySYDNEY (Reuters) - Asian shares held near one-month highs on Monday on signs the United States and China were toning down their trade war rhetoric, while the dollar dipped again as investors wagered on a slower pace of U.S. interest rate hikes.MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.07 percent, on track for a third straight day of gains and within striking distance of one-month high.Japan's Nikkei tacked on 0.1 percent while South Korea's KOSPI index climbed 0.3 percent.Investor sentiment was bolstered after U.S. President Donald Trump pledged to ...

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First Published: Mon, May 14 2018. 08:13 IST