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Market Update

Asian Markets Outside Japan Gain

Asian markets started the week on a positive note Monday after weak housing data in the U.S. last week eased some fears the Federal Reserve would start scaling back stimulus measures over the short run.

Leading the gains, China's Shanghai Composite rallied 1.9% while Hong Kong's Hang Seng gained 0.6%. Mumbai's Sensex added and Sydney's S&P/ASX All Ordinaries both ended up 0.2% each.