16-11-2016 04:55 via news.yahoo.com

Asia shares win reprieve as bond rout pauses for now

By Hideyuki Sano TOKYO (Reuters) - A pause in both the sell-off in global bonds and sharp rise in the dollar following Donald Trump's election victory, together with Wall Street's record high overnight helped Asian shares steady on Wednesday from a four-month low struck a day earlier. President-elect Trump's plans to cut taxes and boost infrastructure spending would boost demand while his proposals to deport illegal immigrants and impose tariffs on cheap imports, if implemented, are seen likely
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