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Asian shares edge up, yen jumps as BOJ trims bond buying

Reuters  |  TOKYO 

By Lisa TwaroniteTOKYO (Reuters) - Asian shares edged higher on Tuesday, approaching record highs, while the yen stole the currency spotlight and jumped after the Bank of Japan's slight reduction to its bond purchases reminded investors that it will eventually normalise policy. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2 percent at 590.89, not far from its record peak of 591.50 scaled in November 2007.On Wall Street on Monday, the Dow Jones Industrial Average edged down 0.05 percent, the S&P 500 gained 0.17 percent, and the Nasdaq Composite added 0.29 percent. After ...

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First Published: Tue, January 09 2018. 09:47 IST