Asian Market Update : Epic Research Malaysia

Asian shares edged down on Monday and the dollar marked fresh highs after Federal Reserve chief Janet Yellen suggested that an interest rate hike could be around the corner.

The US central bank should raise interest rates "in the coming months" if economic growth picks up and the labour market continues to improve, Ms Yellen said on Friday.

MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.25 per cent as markets pondered the Fed outlook.

Japan's Nikkei stock index added 0.5 per cent, as the yen weakened and expectations rose that the government would delay a sales tax hike scheduled for April next year.

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