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Asia stocks advance on easing US rate-hike bets, Singapore hits record high

MOST equity markets in emerging Asia advanced on Friday, with Singapore climbing to a record high, as investors scaled back bets on a September US rate hike following comments from a top Federal Reserve official.

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受美国加息预期减弱提振,亚洲股市上涨,新加坡股市创历史新高。

MOST equity markets in emerging Asia advanced on Friday, with Singapore climbing to a record high, as investors scaled back bets on a September U.S. rate hike following comments from a top Federal Reserve official.

An MSCI gauge of EM Asia stocks advanced 1.4% and was headed for its best session in seven, with tech-heavy South Korea and Taiwan up as much as 1.6%.

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