Asian stocks scale record high, US jobs lift dollar and yields
Mădălin Mihai
SINGAPORE: Asian stocks rose to a record high on Thursday, while the dollar firmed against most currencies except the yen after a surprisingly strong US jobs report dented near-term rate cut expectations, setting the stage for inflation data on Friday (Feb 13). Markets in South Korea and Japan hit all-time peaks, lifted by the technology sector. That lifted MSCI's broadest index of Asia-Pacific shares to another record. The index was 0.7 per cent higher, taking its gains in the first six weeks
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