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Asian shares rise as investors await Yellen testimony

Reuters  |  TOKYO 

By Lisa TwaroniteTOKYO (Reuters) - Asian shares extended early gains on Tuesday and the dollar notched a four-month high against the yen, as investors awaited testimony from Federal Reserve Chair Janet Yellen for clues on when the central bank would tighten U.S. monetary policy.MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.6 percent, with sentiment underpinned by technology-led gains on Wall Street. Japan's Nikkei stock index rose 0.5 percent, buoyed by a weaker yen, while Australian shares pared some of its earlier losses."Except for worries about North Korea, the ...

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First Published: Tue, July 11 2017. 14:45 IST
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