Firmer yen boosts Korean shares, underpins Asia stocks
TOKYO (Reuters) – Asian shares outside of Japan rose on Wednesday, led by South Korean exporters as the yen firmed amid conflicting interpretations of G7 comments about the currency’s recent weakness. The MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0. 9 percent. Seoul shares outperformed with a 1. 5 percent jump while Australian shares jumped 0. 9 percent after record first-half earnings from the Commonwealth Bank of Australia boosted sentiment. The Nikkei stock average slumped 1. 1 percent as the firming yen prompted investors to take profits on exporters. . . .
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