Asian shares near 1-1/2 week highs, Bitcoin recoups losses

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Reuters

By Swati Pandey SYDNEY (Reuters) – Asian shares hovered near 1-1/2 week highs on Monday helped by expectations monetary policy will remain accommodative the world over, while COVID-19 vaccine rollouts help ease fears of another dangerous wave of coronavirus infections. MSCI’s broadest index of Asia-Pacific shares outside Japan was last at 695.59, within striking distance of Friday’s high of 696.48 – a level not seen since Apr. 7. The index jumped 1.2% last week and is up 5% so far this year, on track for its third straight yearly gain. “The extremely supportive monetary and fiscal policy setti…

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