Asian shares fall on favourable U.S. data signalling less stimulus

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Source: Reuters
Asian stocks declined on Monday falling to the lowest level in four weeks after a government data in the U.S. showed that payrolls rose more than expected in October raising concerns that the Federal Reserve may scale back its stimulus sooner that projected. The MSCI Asia-Pacific gauge outside Japan slid 0.2% to the weakest level since October 11, while Indonesian equities slipper 0.7%.

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