The Traderszone Network

Published in TZ Latest News 25 May, 2015 by The TZ Newswire Staff

Asian shares turn higher as China rallies, dollar up

Asian shares turned higher on Tuesday, reversing earlier losses on the back of gains in Hong Kong and China, while the dollar extended highs scaled in holiday-thinned trading in the previous session. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.5 percent, after eking out a late gain in the previous session. Hong Kong’s Hang Seng index (.HSI) jumped 1.5 percent, flirting with seven-year highs, on expectations of more money inflows from the mainland following Beijing’s fresh moves to expedite cross-border investment.