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International Business Times
International Business Times
Business
AFP News

Asian Stocks Build On Gains Ahead Of US Inflation Data

Traders are keenly awaiting US inflation data this week (Credit: AFP)

Asian stocks mostly rose again Tuesday as worries about a US recession that sent markets into turmoil last week eased ahead of key inflation data, while oil prices held gains on concerns about a broader war in the Middle East.

Tokyo's Nikkei returned from a long weekend to lead the rally and briefly top the levels touched at the start of the month before last Monday's rout, helped by a weaker yen and a Bank of Japan pledge not to hike interest rates further.

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