Asia shares gain on economic stimulus, oil edges up on Mideast tensions

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TOKYO (REUTERS) - Asian share prices inched higher on Friday (Sept 20) as economic stimulus around the world eased fears of economic deceleration while crude oil prices climbed on concerns that last weekend's attacks on Saudi Arabia's oil facilities still pose supply risks.. Read more at straitstimes.com.

TOKYO - Asian share prices inched higher on Friday as economic stimulus around the world eased fears of economic deceleration while crude oil prices climbed on concerns that last weekend's attacks on Saudi Arabia's oil facilities still pose supply risks.

The number of Americans filing applications for unemployment benefits increased less than expected last week while home resales rose to a 17-month high in August. US and Chinese deputy trade negotiators resumed face-to-face talks for the first time in nearly two months on Thursday, trying to lay the groundwork for high-level talks in early October.

In currency markets, the British pound kept its uptrend after European Commission President Jean-Claude Juncker said a Brexit deal is possible and that if the Irish border backstop which the British government wants removed could be replaced with alternatives, it would not be needed.

 

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