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Asia shares join global rally, hit 10-yr high on Irma, North Korea relief

Reuters  |  TOKYO 

By Hideyuki SanoTOKYO (Reuters) - Asian shares joined a global equities rally, hitting a 10-year peak on Tuesday with investors breathing a sigh of relief as North Korean fears eased slightly and the worst-case scenario from Hurricane Irma looked to have been avoided. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.1 percent to its highest level since late 2007. Japan's Nikkei rose 1.0 percent.On Wall Street on Monday, U.S. S&P 500 Index surged over 1 percent to a record high close of 2,488 while MSCI's broadest gauge of the world's stock markets covering 47 markets ...

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First Published: Tue, September 12 2017. 06:29 IST