Asian stocks' Jan-Feb rally biggest since 2012
March 4 (Reuters) - Asian stocks made their best two-month
start to a year in seven years in January-February, amid growing
signs that the United States and China are close to striking a
MSCI's broadest index of Asia-Pacific shares
added over 8 percent in the first two months of this year, the
biggest since 2012. In February, the index rose 1.3 percent.
U.S. President Donald Trump's decision to push back the
March 1 tariff deadline and the progress in trade talks between
the world's top two economies boosted Asian markets last month.
At the end of last week, Trump said he had asked China to
immediately remove all tariffs on U.S. agricultural products
because trade talks were progressing well.
In February, Chinese equities led the gains in the
region with a 13.8 percent rise, followed by Vietnam and
On the other hand, Pakistan and the Philippines
were the biggest losers, declining 4.2 percent and 3.7
(Reporting by Gaurav Dogra and Patturaja Murugaboopathy
Bengaluru; Editing by Subhranshu Sahu)
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