Asia stocks up, dollar rally pauses in relief for emerging markets

By Saikat Chatterjee HONG KONG (Reuters) - Asian stocks rose to three-week highs on Wednesday, supported by gains on Wall Street and growing expectations the dollar may be peaking after a hefty rally since the U.S. election pulled funds out of emerging markets. A six percent rise in the dollar against a trade-weighted basket of currencies since Republican Donald Trump's upset U.S. election win has hammered emerging markets, as investors pulled money out in favor of U.S. dollar-based assets on be