Aug 21, 2012, 01.17 PM IST

Asian shares firm on ECB hopes despite uncertainty

MARKETS-GLOBAL:Asian shares firm on ECB hopes despite uncertainty

Source: Reuters
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Asian shares firm on ECB hopes despite uncertainty
By Chikako Mogi


TOKYO (Reuters) - Asian shares edged up on Tuesday as investors held on to hopes the European Central Bank will act to soothe borrowing costs, even as officials denied a report about the shape of its planned bond buying strategy.


MSCI's broadest index of Asia-Pacific shares outside Japan added 0.2 percent while Japan's Nikkei stock average opened down 0.1 percent after rising to a three-month high on Monday.


U.S. stocks were flat on Monday, pausing after a six-week rise, but Apple Inc

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