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By Anand Krishnamoorthy
Updated on
Asian shares rose following a Wall Street rally, with Japanese equities advancing after concerns about the Bank of Japan’s plan to offload its massive exchange-traded fund holdings eased.
MSCI’s regional stock gauge gained 0.2%, with the Nikkei-225 index jumping as much as 1.6%. The yen weakened against the dollar, which typically benefits exporters. Indian technology firms such as Infosys Ltd. and Tata Consultancy Services Ltd. declined after the sharp increase in H-1B visa application fees.
