Stocks climb despite rise in U.S. inflation; dollar on defensive

TOKYO (Reuters) - Asian stocks rose on Thursday after Wall Street brushed aside strong U.S. inflation data and surged, in a move that also saw the dollar pinned to two-week lows even as Treasury yields jumped in anticipation of more rapid U.S. interest rate hikes.

from Reuters: Business News http://ift.tt/2Btdsa6