Financial Times FT.com

Higher oil and metals boost Asia

TOKYO, June 26 – Asian share markets rose on Friday as higher oil and metals prices boosted resource stocks, while the dollar fell on lower US yields and as investors gingerly shifted some funds back into riskier assets.

In Europe, shares were set to rise with resource stocks also poised to gain, while Swiss lender UBS AG said it planned to raise about 3.8 billion Swiss francs ($3.48 billion) by selling shares and expected to post a second-quarter net loss.

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