Asian shares rise on relief over US debt ceiling deal, euro eyes ECB

Asian Market 1

Asian shares ticked up on Thursday after US President Donald Trump and congressional leaders agreed to raise the government debt limit until December, eliminating the risk of a government shutdown for now.

MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.3 percent while Japan’s Nikkei rose 0.6 percent.

Still, geopolitical tensions over North Korea’s nuclear and missile programme continued to cast a shadow, particularly in Japan and South Korea.

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