Asia shares rise as yield hunt drives record flows

Asian shares stood atop one-year peaks on Tuesday as a desperate search for yield drove a record inflow into emerging market funds, while oil prices tried to sustain their latest bounce.

Japan’s Nikkei was also attempting a fourth session of gains with an early rise of 0.1 percent, while South Korea firmed 0.2 percent.

Figures out on Monday showed Chinese trade flows disappointed in July as it suffered from slack demand both at home and abroad.



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