Asian shares mostly rose Thursday after US lawmakers passed a last-minute bill to reopen the government and raise the country’s borrowing limit, avoiding a devastating default that threatened to spark another global recession.
HONG KONG —Financial markets in Japan and Malaysia are closed on Monday for national holidays.
Asian markets were mostly up on Monday despite Japan posting lower-than-expected economic growth and off the back of US stocks retreating from record peaks last week.
Chinese stocks fell but other Asian markets edged up Monday after Japan’s ruling party won a majority in parliament’s upper house and a mandate to push ahead economic reforms.
Asian markets were mostly higher on Wednesday, with Tokyo supported by the weak yen, while Shanghai slipped following a rare trade deficit for China in March.