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ASIA STOCKS

Asia stocks at one-week highs on US gains; oil up

HONG KONG: Asian stocks struck one-week highs with investors undeterred by a powerful earthquake in Japan on Tuesday, but after Wall Street closed at a record peak they were also wary of chasing prices higher until President-elect Donald Trump picks his economic team. Crude oil extended gains in Asian trading with US West Texas Intermediate (WTI) up 1 per cent in early deals as the dollar pulled back. Prices surged 4 per cent to a three-week high on Monday, after comments from Russian President Vladimir Putin raised…

Asia stocks bounce as optimism over Clinton grows; dollar strong

TOKYO: Asian stocks bounced and the dollar strengthened on Monday after the FBI said it stood by its earlier recommendation that no criminal charges were warranted against Democrat Hillary Clinton. The news lifted a cloud over Clinton's presidential campaign two days before the U.S. election, and boosted S&P 500 Index futures by 1.2 percent, a gain that is likely to snap a nine-day losing streak in the U.S. stock index - its longest in more than 35 years. But volumes were thin, indicating many investors had already…