Asian shares rose on Wednesday on optimism that Chinese authorities will offer support for its stock markets, which have plummeted to multi-year lows, while a hawkish tilt from the Bank of Japan lifted the yen and nudged bond yields there higher. The MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.4%. Still, the index is down 5% in January, set for its worst monthly performance since August.
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