00:00 Asian shares surged to seven-month highs driven by record peaks on Wall Street as
00:04 Investors largely brushed off slider higher than anticipated US inflation betting on its limited impact on anticipated
00:12 interest rate cuts by mid-year
00:14 Developer China Bank also bolstered backing for Hong Kong stocks the MSCI's broadest index of Asia Pacific shares
00:22 Excluding Japan rose by 0.2% to its highest level since early August while the Hang Seng climbed by
00:29 0.4% to a three and a half month peak
00:32 Meanwhile in Japan the Nikkei remained stable with focus on ongoing springtime wage negotiations
00:38 Recent data revealed that US consumer prices rose by 0.36% in February
00:44 slightly surpassing expectations attributed to increased fuel and shelter costs
00:49 Peace.
