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- Tourists wounded in deadly Afghanistan shooting are stable: hospital
- Lowry matches low major round with 62 as Schauffele leads PGA
- Top-ranked Korda takes LPGA lead at Liberty National
- Benjamin wins LA 400m hurdles in blistering 46.64sec
- Ahly stay on track for 12th title after holding Esperance
- Three Spaniards, three Afghans killed in shooting in Afghanistan
- Canadian oil city lifts wildfire evacuation orders
- Schauffele clings to PGA lead as Lowry makes epic charge
- Swiatek 'staying humble' for French Open after third Rome title
- Chinese director Jia mines leftover footage for top Cannes film
- Zelensky expects Russia offensive in northeast Ukraine to intensify
- Bengaluru win six in row to make IPL play-offs, Chennai out
- Klopp joins social media to cement Liverpool 'love affair'
- Bengaluru beat Chennai to seal IPL play-off berth
- Inter chief Zhang says 'stability' threatened by debt deadline
- Santa Claus helps Celtic celebrate Scottish title
- UN says 800,000 have fled fierce fighting in Rafah
- Formula One pays tribute to Senna, 30 years after tragic death
- S.Africa's Zuma stages rally despite candidacy doubts
- Narco sex-change musical early favourite at Cannes
- Olympic champion Jacobs wins on Rome return
- Schauffele tees off with lead at PGA with Scheffler close behind
- Sale stun Saracens to secure play-off spot despite Tuilagi injury
- Seven fashion moments on the Cannes red carpet
- 'We want it over', says Mueller after Bayern hit 13-year low
- 'Can I kill someone?': Richard Gere's dilemma in 'Oh, Canada'
- Ferrari under-estimated rivals pace at Imola - Leclerc
- Leverkusen become first team to complete Bundesliga season unbeaten
- Alonso is 'why we are successful', says Leverkusen's Tah
- Verstappen 'still pumping' after equalling Senna pole record
- Swiatek demolishes Sabalenka to win third Rome title
- AI deepfake Putin film sells big at Cannes
- Scheffler's attorney denies golfer assaulted police officer
- Fierce fighting on streets of Gaza's Rafah
- Chelsea crowned Women's Super League champions as Hayes bows out in style
- Pink panther Pogacar extends Giro lead after time trial
- Leverkusen complete Bundesliga season unbeaten, Cologne relegated
- Bologna's Motta claims undecided on future with Juventus lurking
- Verstappen matches Senna pole record at Imola
- Major-record 78 make record-tying low 1-under cut at PGA
- Celtic celebrate Scottish title with comeback win over St Mirren
- Brighton boss De Zerbi to leave at end of season
- New Caledonia 'under siege' as French troops bid to restore order
- Retiring Hart thanks Celtic fans for making him feel 'special'
- Threats and bullets: Mexico's candidates risk lives to compete
- 'Poor Things' director Lanthimos is my muse, says 'feminist' Emma Stone
- PGA Championship resumes at Valhalla after delay for heavy fog
- Film director Mohammad Rasoulof fled Iran on foot: Guardian
Asian markets build on rally as US jobs data boost rate cut hopes
Most Asian markets rose Monday after data showing fewer US jobs were created last month rekindled optimism interest rates will be cut this year, while mainland Chinese equities bounced on hopes for fresh government economic support.
A tech rally saw the Nasdaq lead Wall Street up after Friday's non-farm payrolls figures, which helped soothe concerns that forecast-busting inflation figures at the start of the year meant the Federal Reserve would keep borrowing costs at two-decade highs for an extended period.
The 175,000 new jobs in April's NFP report were much lower than the month before and also marked a big miss on expectations, while wage growth was also slightly lower than forecast.
Observers pointed out that while the reading indicated a slowdown in the world's number two economy, it was not seen as a big enough miss to feed fears that a recession is on the horizon.
The news ramped up bets on the Fed cutting rates in September while investors also lifted their outlook on how many there would be, though the two priced in are still well short of the six envisaged at the start of the year.
"The softer wage growth and a slight increase in unemployment may ease some of the Federal Reserve's concerns about implementing rate cuts this summer," said Stephen Innes at SPI Asset Management.
"The unexpected weakness across the key labour series is a much-needed friendly surprise for policymakers."
The advances on Wall Street on Friday -- and another record for London -- gave Asian investors a healthy lead, and most picked up the baton.
Shanghai was the standout performer as mainland investors returned from a long break to play catch-up with a global rally over the past few days.
Traders also cheered a report last week that leaders would look at ways to support China's battered property sector as well as use measures to provide fresh support to the economy.
The tools outlined encompassed interest rates and the amount of cash banks must keep in reserve, Bloomberg News reported.
"Market sentiment appears to be incrementally improving," Nicholas Yeo, of abrdn, said, pointing to improving traveller figures, market reforms and strong corporate releases.
"More material support via larger-than-expected fiscal spending and additional help for the property market would go a long way to materially improve sentiment in China."
Hong Kong edged up to push recent gains into a tenth successive trading day, while Sydney, Singapore, Taipei and Manila were also up. Wellington and Jakarta edged down.
The dollar rose against the yen, clawing back some of the big losses it suffered Friday in response to the US jobs report.
The Japanese unit endured a volatile time last week after hitting its weakest level in 34 years, leading authorities to reportedly intervene in forex markets Monday and Wednesday.
- Key figures around 0300 GMT -
Hong Kong - Hang Seng Index: UP 0.2 percent at 18,505.51
Shanghai - Composite: UP 1.0 percent at 3,135.57
Tokyo - Nikkei 225: Closed for a holiday
Dollar/yen: UP at 153.75 yen from 152.99 yen on Friday
Euro/dollar: DOWN at $1.0765 from $1.0767
Pound/dollar: UP at $1.2549 from $1.2546
Euro/pound: UP at 85.79 from 85.78 pence
West Texas Intermediate: UP 0.4 percent at $78.38 per barrel
Brent North Sea Crude: UP 0.3 percent at $83.19 per barrel
New York - Dow: UP 1.2 percent at 38,675.68 (close)
London - FTSE 100: UP 0.5 percent at 8,213.49 (close)
R.Adler--BTB