TOKYO — Asian shares rose to one-year highs, expanding their gains this year to almost 10%, supported by a jump in oil prices and investor expectations of an extended phase of easy monetary policy around the globe.MSCI’s broadest index of Asia-Pacific shares outside Japan edged up 0.1%, bringing its gains so far this year to 9.8%. Japan’s Nikkei shed 0.3%.On Wall Street on Monday, S&P 500, Dow and Nasdaq stock indices all closed at lifetime highs, gaining 0.3/oz-0.6/oz. Brazilian shares also hit two-year highs, helped by higher oil prices.Oil prices hit one-month highs on Monday, gaining 10/oz or more in a three-day rally as speculation intensified over potential producer action to support prices amid a glut of crude.Russian Energy Minister Alexander Novak said on Monday his country was consulting Saudi Arabia and other producers to achieve oil market stability, bolstering the hope that oil producing nations could take action to stabilise prices.The market started to rally on Thursd...
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