Asian stocks solid, NZ dollar jumps

By Sam Byford
Updated August 17 2022 - 12:58pm, first published 12:55pm
The Nikkei has risen 0.81 per cent, through the 29,000 barrier for the first time since January 6. (AP PHOTO)
The Nikkei has risen 0.81 per cent, through the 29,000 barrier for the first time since January 6. (AP PHOTO)

Asian shares tracked solid Wall Street performance on Wednesday as strong overnight earnings for US retail giants pointed to further scope for the Federal Reserve to tackle inflation with rate hikes.

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