Asian Shares Broadly Higher As China Leaves Rates Unchanged

Asian stocks ended broadly higher on Monday despite hawkish comments from ECB and Fed officials and rising geopolitical tensions after North Korea launched two ballistic missiles into waters off the east coast of the Korean Peninsula early in the day.

Amid worries that more interest-rate hikes will depress economic activity, investors awaited minutes from the U.S. Federal Open Market Committee (FOMC) this week for fresh insights into Fed officials' thinking on the pace of rate increases.

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by RTTNews Staff Writer

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