Asian shares fall, dollar at seven-month high after Yellen comments

Asian shares fell on Monday while the dollar held firm near seven-month high against a basket of major currencies after comments from Federal Reserve Chair Janet Yellen boosted long-dated U.S. bond yields. MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.7 percent, with Hong Kong's Hang Seng hitting 1-1/2-month lows. Japan's Nikkei pared early gains to stand flat.