Wed, 28 May 2014 08:02:07 GMT
Asia's stocks gain as S&P 500 reached new record
Asian equities increased on Wednesday trading session with the benchmark stock index reaching the highest level in one year as risk appetite of investors rose after the U.S. stock index Standard & Poor's 500 reached another record high on favourable data. The MSCI Asia-Pacific gauge outside Japan added 0.6% to 490.15, the most in a year.