Asian shares hit 18-month high on growth hopes
TOKYO (Reuters) – Asian shares scaled their highest levels since August 2011 on Wednesday after an improving global economic outlook whetted investor appetite for risk, while the yen firmed amid doubts over Japan’s commitment to drastic reflation. Asian shares have been on an uptrend as risks from the euro zone debt crisis and the U. S. fiscal impasse abated and signs of recovery emerged in major economies including China. Corporate earnings have also been generally positive. "The tide continued to push higher for equity markets across Asia today, with solid leads from Europe and the U. S. . . .
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