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Asia Stocks Are Up

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As a subdued U.S. inflation outlook capped U.S. bond yields, asian shares edged up on Monday on optimism about global growth while the dollar was on the defensive.MSCI's broadest index of Asia-Pacific shares outside Japan ticked up 0.2 percent while Japan's Nikkei rose 0.3 percent. With many markets in the region closed for holidays to celebrate the end of Ramadan, trading was slow.The prospect of solid global economic growth has kept alive investors' optimism over world equities. This even as some markets, including Wall Street, have slowed down from a frenetic run due to high valuations.http://feeds.reuters.com/~r/reuters/t... http://www.wochit.com This video was produced by YT Wochit Business using http://wochit.com

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