AsianShares rise after record highs on WallStreet

Asian shares rose early on Monday, taking support from Wall Street’s gains on Friday after US Federal Reserve Chairman Jerome Powell said a gradual approach to raising rates was best to protect the US economy and job growth.

MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.1 percent, while Japan’s Nikkei stock index gained 0.6 percent.

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