Asian shares steady, U.S. budget concerns weigh

Asian shares steadied in quiet pre-holiday trade after a slump late last week, with markets cautious over whether the United States can avoid a fiscal crisis. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was up 0.6 percent after falling to a near two-week low on Friday…

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Asian shares steady, U.S. budget concerns weigh