Asian shares were a touch below a recent three-month top on Thursday with China a tad weaker as investors weighed inflation concerns ahead of key U.S. economic data while oil prices rose to near 1-1/2 year highs.
MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) rose 0.3% to 711 points. It went as high as 712.57 on Wednesday, a level not seen since early March.
Japan’s Nikkei (.N225) added 0.4%. Australian shares (.AXJO) climbed to all-time highs as investors cheered stronger-than-expected…
