Asian Stocks Outside Japan Rise on Bets Fed Will Keep Rates LowBy
Tokyo shares decline led by exporters as yen strengthens
Shanghai Composite Index’s volatility drops to two-year low
Asian stocks rose, with the regional benchmark index trading at a 13-month high, after weak data on the U.S. services industries bolstered speculation that the Federal Reserve will keep interest rates lower for longer. Shares in Tokyo fell as the yen strengthened.
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