Asian stocks rose after a subdued US inflation report eased concerns about imminent interest-rate hikes by the Federal Reserve. Brent snapped a six-day rally.
The MSCI Asia Pacific Index rose 0.6%, with gauges in Japan and South Korea advancing. That followed gains in US benchmarks, with the S&P 500 moving within striking distance of a record as a rally in megacap chipmakers lifted the Nasdaq 100 to a one-month high.
