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Asian shares ride Wall Street optimism, dollar slips

Last Updated: Friday, May 30, 2014, 09:36

Asian shares edged higher on Friday, catching a lift from another record close on Wall Street, while the dollar groaned under the pressure of slumping U.S. yields.

M&A food fight boosts US stocks

Last Updated: Friday, May 30, 2014, 04:25

The battle between two giant meat processors over hot dog maker Hillshire Brands helped boost Wall Street and lifted the S&P 500 to a new record on Thursday.