Tokyo — Asian stocks advanced on Monday as Wall Street rallied after a deal was announced to reopen the US government following a prolonged shutdown that had taken a toll on investor sentiment. MSCI’s broadest index of Asia-Pacific shares outside Japan climbed 0.4%. The Shanghai Composite Index rose 0.7% and Hong Kong’s Hang Seng was up 0.5%. South Korea’s Kopsi edged up 0.1%, while Japan’s Nikkei bucked the trend and eased 0.3%. Australian financial markets were shut for their Australia Day holiday. Facing mounting pressure, US President Donald Trump agreed on Friday to temporarily end a 35-day-old partial US government shutdown without getting the $5.7bn he had demanded from Congress for a border wall. In response Wall Street rallied broadly on Friday as investors were relieved to see an end to one of the longest US government shutdown in history. The shutdown had left the markets anxious as it came at a time of heightened worries over slowing global growth, signs of stress in cor...
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