Asia stocks at one-week highs on U.S. cues; oil jumps
By Saikat Chatterjee HONG KONG (Reuters) - Asian stocks rose to one-week highs, helped by solid overnight gains on Wall Street, though investors were wary of chasing prices higher until President-elect Donald Trump picks his economic team. Crude oil climbed in Asian trading with U.S. West Texas Intermediate (WTI) up 1 percent as the dollar pulled back and expectations of production cuts grew. Prices surged 4 percent to a three-week high on Monday, after comments from Russian President Vladimir P
Read more »