Hong Kong — Asia stocks opened higher on Tuesday, cruising in the slipstream of a record high overnight gauge of global equity markets, with investors hoping for inflation and monetary policy clues later in a week full of central bank meetings and data points.

Australia’s S&P/ASX 200 was up 0.32% at 1.30am GMT, while Japan’s Nikkei 225 was up 0.35%, as the country revised first-quarter data showing the economy shrank at a slower pace than initially reported...

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