HONG KONG : Asian shares edged higher on Tuesday, cruising in the slipstream of another record-setting day on Wall Street, while the safe-haven yen lost ground as traders stayed in riskier assets.
On Tuesday, Japan's Nikkei gained 1.3per cent, and touched its highest since Nov. 26, while MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.66per cent. Recent losses by index heavyweights like Alibaba and Tencent mean the broad benchmark is still well off its late November levels.
Elsewhere, authorities in Britain and France have held off from imposing tough restrictions on movement, betting that high vaccination rates will stop hospitals from being overwhelmed even as cases surge.