Singapore/New York — Bonds slipped, Japanese stocks jumped to a three-decade high and other Asian equities loitered near record peaks on Thursday as investors focused on US stimulus prospects and extended bets on global recovery and growth.

Japan’s Nikkei rose 1.4% to its highest point since August 1990. It is up more than 8% in three weeks. MSCI’s broadest index of Asia-Pacific shares outside Japan was steady and just a whisker short of Monday’s all-time high...

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