Asian shares rally on return from holiday

[Wireless News]

http://l2.yimg.com/bt/api/res/1.2/0ZGCijPrlDR3Et2PHJTfJw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/afp.com/2eef73a874083dcf7b02a3d83bafef7da7ae2afe.jpg (http://news.yahoo.com/asian-shares-rally-return-holiday-025753175.html)Asian markets advanced on Tuesday as most reopened after a long holiday weekend, in their first reaction to soft US jobs data that has dampened expectations of an early US interest rate rise. Wall Street provided a positive lead Monday as comments from a Federal Reserve official suggested any increase would likely be slow, while investors await the release of minutes from the bank's latest meeting. Sydney added 0.46 percent, or 27.4 points, to 5,926.0, although it pared early gains after the Reserve Bank of Australia disappointed many investors by holding off on an interest rate cut. Hong Kong was closed for a public holiday.



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