Asian stocks boosted by China plans, $A higher

China led Asia’s stock markets higher on Wednesday as investors cheered the approval of a trillion-yuan sovereign bond issue while the Aussie dollar hit a two-week high as hotter-than-expected inflation lifted rate forecasts. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.9 per cent and the Hang Seng two per cent. Japan’s Nikkei rose […]

This post was originally published on Michael West.