: :inin Kyiv (EET)

Asian shares gain as geopolitical tensions subside


Asian shares were mostly higher Tuesday, tracking rallies on Wall Street and in Europe as easing geopolitical tensions lifted investor confidence.Tokyo stocks gained 0.32 percent, extending their rally in the previous session after US airstrikes on Iraq — aimed at beating back rampaging Islamic State extremists — prompted sharp falls last week.Sydney climbed 1.09 percent and Seoul traded 0.31 percent higher, but Shanghai shed 0.42 percent and Hong Kong slipped a tad as investors booked profits following recent gains.Bangkok was closed for a public holiday.US President Barack Obama, who reluctantly ordered the airstrikes last week, welcomed the nomination of a …read more

Source: The Jakarta Post

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