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Asia300

Singapore stocks extend gains as DBS hits 17-year high; Malaysia shares little changed

SINGAPORE (Nikkei Markets) -- Singapore shares rose for the fourth straight day on Tuesday after optimism over earnings drove heavyweight DBS Group Holdings to the highest level since 2000. Malaysia shares were little changed as regional markets took a breather after a recent rally.

U.S. markets ended little changed overnight following last week's record highs as investors awaited a slew of earnings. Asian and U.S. stocks have seen strong gains in recent sessions after dovish comments from Federal Reserve Chair Janet Yellen and lower-than-expected inflation pushed back expectations of additional rate hikes in the world's largest economy. The Nikkei Asia300 index was little changed on Tuesday following a six-day rally.

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