Vietnam’s Prime Minister Nguyen Xuan Phuc waves during the 4th Regional Comprehensive Economic Partnership (RCEP) Summit at the Association of Southeast Asian Nations (Asean) summit online in Hanoi on Sunday. (AFP photo)
The world’s largest regional free-trade agreement between Asian nations and the ruling out of a national US lockdown have buoyed sentiment to set Asia Pacific stocks on course to close at an all-time high.
The MSCI Asia Pacific Index rose 1.2% to 187.30 on Tuesday, boosted by Samsung Electronics Co. and Taiwan Semiconductor Manufacturing Co. shares. The gauge, on course for its longest winning streak in seven years, surpassed a previous closing peak reached in January 2018.
Asia Pacific nations including China, Japan and South Korea on Sunday inked the Regional Comprehensive Economic…
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