Asia shares hit 2-week highs on upbeat U.S. data

Mar 26, 2014, 2:32 AM EDT
Pedestrians pass by graphs of the Nikkei key index of the Tokyo Stock Exchange, in Tokyo, on October 2, 2013.
AFP/Getty Images

Asian shares raced to two-week highs on Wednesday, with investor confidence getting a much-needed boost from upbeat U.S. data and diminishing concerns over the Ukraine/Crimea crisis. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 1.1 percent to its highest level since March 11, while Japan's Nikkei .N225 ticked up 0.3 percent.
Background:
Asia shares hit two-week highs on upbeat U.S. data, Ukraine hopes [Reuters]
Asian stocks rise as U.S. consumer confidence jumps [Bloomberg]

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