Asia stocks rise before Yellen testifies

Source: Reuters
© Scanpix/RS
The majority of Asian shares increased on Monday trading session after Wall Street remained stable despite disappointing U.S.  jobs data on Friday and as the new Federal Reserve Governor Janet Yellen testifies on Tuesday and Thursday expected to keep the monetary policy loosen. The MSCI Asia-Pacific gauge outside Japan rose 0.3%, while the Shanghai benchmark index added 1.7%.

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