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Asian shares flat as investors digest Greek deal
An index of Asian shares got off to a lacklustre start on Monday as many countries in the region returned from Lunar New Year holidays, with sentiment supported by relief that Greece reached a deal to avert an immediate fiscal crisis. Euro zone ministers late on Friday agreed to extend Greece's financial rescue package by four months, a shorter extension that the six months the country had sought. Although an initial relief over the last-minute deal boosted Wall Street shares to record highs late on Friday, Asian markets as a whole saw little follow-up buying. MSCI's broadest index of Asia-Pacific shares outside ... (full story)
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