Asian stock markets rose on Monday with Australian shares boosted by fresh merger news in the banking sector, but caution ahead of central bank meetings in Japan and the United States was seen capping gains.
China's central bank lifted interest rates for the third time in less than a year over the weekend to put a lid on credit and investment in the world's fourth-largest economy.
While no rate changes are expected in Japan and the United States, investors are keen for clues to future policy action by the respective central banks.
Read more at Reuters.com
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