Reuters
Asian shares track Wall St gains but China worries weigh
Asian shares edged up on Friday, building on Wall Street’s positive lead after a set of strong U.S. corporate earnings, although worries about the Chinese economy capped gains. Oil prices were at multi-year highs, a drag on growth in energy-importing markets in north Asia, but good news for some energy-exporting markets in Southeast Asia. MSCI’s broadest index of Asia-Pacific shares outside Japan gained 1.07%, and was set for a 1.7% weekly gain, which would be its best weekly performance since early September, while Japan’s Nikkei surged 1.81%, led by tech stocks.