Asia shares rally on U.S. rate hopes, China reopening

Asia shares rally on U.S. rate hopes, China reopening

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Asian shares rallied on Monday as hopes for less aggressive U.S. rate hikes and the opening of China's borders bolstered the outlook for the global economy. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) rose 0.6%, with South Korean shares (.KS11) gaining 1.1%. Japan's…

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