India, March 17 -- Asian stocks advanced on Monday after U.S. Treasury Secretary Scott Bessent said he is "not worried" about the recent market downturn and China announced plans featuring measures to boost wages and stabilize stock and real estate markets.
The U.S. dollar hovered close to a five-month low against its major peers as U.S. President Donald Trump reinforced his trade policy stance, saying there will be no exceptions to U.S. steel and aluminum tariffs.
Gold edged up slightly ahead of this week's highly anticipated monetary policy announcements by major central banks, including the Federal Reserve, the Bank of Japan and the Bank of England. Crude oil prices extended gains following the U.S. military strikes on Iran-backed Hout...