HONG KONG: Asian markets extended their latest rally on Thursday following across-the-board records on Wall Street where traders were buoyed by another day of strong earnings. Better-than-forecast results from New York titans IBM and American Express helped to fuel a buying spree and allowed investors to look past the crises engulfing Donald Trump and his stalled legislative agenda. By the break, Japan’s Nikkei was up 0.4 percent, while Sydney added 0.4 percent and Seoul was 0.1 percent higher. Shanghai edged up 0.1 percent and Hong Kong also added 0.1 percent to extend a rally into its eighth straight day. The euro had surged to a near 15-month high of $1.1583 Tuesday before dipping later in the day.

Source: Manila Times July 20, 2017 03:22 UTC