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Asia shares up on Wall St record, dollar slips against pound

Published on Jul 2, 2014 11:06 AM
 

HONG KONG (AFP) - Asian markets advanced Wednesday, taking a strong lead from a record close on Wall Street, while a weaker yen helped Tokyo add to the previous day's healthy gains.

The dollar sat at more than five-and-a-half-year lows against the pound after a strong set of manufacturing figures out of Britain.

Investors are also keeping an eye on the release later in the week of closely watched US jobs figures that will provide fresh clues about the strength of the recovery in the world's number one economy.

Tokyo rose 0.48 per cent, while Hong Kong added 0.54 per cent, Sydney put on 1.20 per cent and Seoul gained 0.75 per cent. Shanghai was flat.

 
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