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| Japan's Nikkei hits another 15-year high | Japan's Nikkei hits another 15-year high |
| (about 2 hours later) | |
| Asian shares started the week mostly higher, following Wall Street's gains last week, with Japanese shares hitting a fresh 15-year high. | Asian shares started the week mostly higher, following Wall Street's gains last week, with Japanese shares hitting a fresh 15-year high. |
| US stocks rose last week after the dollar weakened following the Fed's vow of a cautious approach to lifting interest rates. | US stocks rose last week after the dollar weakened following the Fed's vow of a cautious approach to lifting interest rates. |
| In Japan, the benchmark Nikkei 225 index closed up 1% at 19,754.36 - its highest level since April 2000. | In Japan, the benchmark Nikkei 225 index closed up 1% at 19,754.36 - its highest level since April 2000. |
| The dollar was at 119.89 yen, down from 120.11 yen in New York on Friday. | The dollar was at 119.89 yen, down from 120.11 yen in New York on Friday. |
| Chinese shares also rose. Hong Kong's Hang Seng index closed up 0.5% at 24,494.51, while the Shanghai Composite rose 1.95% to 3,687.73. | |
| Hong Kong-listed shares of Asia's largest oil refiner Sinopec fell 2.1% after the company posted its first quarterly loss since becoming a public firm in 2000. | |
| Sinopec reported a fourth-quarter net loss of 5.3bn yuan ($854m; £571m) against a net profit of 13.8bn yuan for the same period a year earlier. The company attributed the loss to the tumble in oil prices since the middle of last year. | Sinopec reported a fourth-quarter net loss of 5.3bn yuan ($854m; £571m) against a net profit of 13.8bn yuan for the same period a year earlier. The company attributed the loss to the tumble in oil prices since the middle of last year. |
| Australian shares closed lower, but the country's benchmark index had a earlier come close to touching the 6,000 level last seen more than seven years ago. | Australian shares closed lower, but the country's benchmark index had a earlier come close to touching the 6,000 level last seen more than seven years ago. |
| The S&P/ASX 200 hit an intraday high of 5,995, but then lost ground and finished down 0.3% at 5956.14, ending a three-session winning streak. | |
| In South Korea, the Kospi index closed flat at 2,036.59 points. | In South Korea, the Kospi index closed flat at 2,036.59 points. |
| Meanwhile, Singapore-listed shares of Noble Group rose 2.9% after the commodities trader said it was launching legal action against allegations made by little known research firm Iceberg over its accounting practices. | Meanwhile, Singapore-listed shares of Noble Group rose 2.9% after the commodities trader said it was launching legal action against allegations made by little known research firm Iceberg over its accounting practices. |