Asian shares rose for the third day in a row with commodity and energy producers in the lead as oil traded near lifetime highs in New York,and the dollar sagged. Gold hit an all-time high of $957.90 in Asia, and other precious metals also hovered at record levels.

The dollar touched $1.5057 against the euro in New York – its lowest level since the European single currency was launched in 1999. It was at $1.5039 by late afternoon in Singapore.