China’s blue-chip CSI300 Index rose 1.3 percent to a seven-month high and Shanghai added 0.9 percent amid talk more stimulus would be forthcoming from Beijing. MSCI’s broadest index of Asia-Pacific shares outside Japan recouped early losses to stand steady.
In Oil – oil prices edged higher after boasting gains of 6 percent last week as Saudi Arabia’s oil minister held out the chance of action to help stabilize the market. Brent crude futures were up 31 cents on Monday at $47.28 a barrel, while U.S. crude added 35 cents to $44.84.
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