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The Independent UK
The Independent UK
National
Elaine Kurtenbach

Asian shares advance after Wall St rallies to its best day in months, and China reports strong data

South Korea Financial Markets - (Copyright 2025 The Associated Press. All rights reserved.)

Shares advanced Monday in Asia after U.S. stocks rallied to their best day since November’s election and China reported stronger than expected factory data.

Chinese officials were due later in the day to brief reporters about Beijing's efforts to get consumers to spend more. Economists say consumers must spend more to get the economy out of its doldrums, although most have advocated broader, more fundamental reforms to foster greater confidence and build their spending power.

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