17-05-2016 02:35 via news.yahoo.com

Asian shares recover after Apple, oil boost Wall St.

By Hideyuki Sano TOKYO (Reuters) - Asian shares recovered from two-month lows on Tuesday after a rebound in technology giant Apple Corp and oil price gains boosted Wall Street. MSCI's broadest index of Asia-Pacific shares outside Japan ticked up 0.1 percent, extending the recovery from its two month low set on Friday. "The market's risk appetite seems to be coming back, or rather, its excessive pessimism is easing," said Masahiro Ichikawa, senior strategist at Sumitomo Mitsui Asset Management.
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