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Market Update

Asian Markets Rise; Nikkei Scales New High

Asian markets snapped their two-day losing streak and opened the week on a positive note with Japan's Nikkei share average hitting a fresh 5-1/2 year high in early Monday trades.

At the time of writing, the Nikkei 225 index was up 1.4% at 15,347 a level not seen since December 2007.