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Asia shares kick off 2024 on steady footing; bitcoin surges

Published by
Reuters

By Rae Wee SINGAPORE (Reuters) -Asian shares started the first trading day of the New Year on a steady footing on Tuesday, as investors returning after a holiday lull looked ahead to fresh trading catalysts from key economic releases later in the week. Risk appetite was strong after global shares ended 2023 with their biggest annual rise in four years, driven by the prospect that major central banks globally could begin easing rates this year in a major boost for consumers and businesses shackled by high borrowing costs. Also in a sign that the risk-on mood seen in December was extending into …

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