ASIAN MARKET NEWS 18 MARCH 2016

That echoed a recovery on Wall Street, where the S&P 500 Index gained 0.66 percent to close at its highest since December 31, led by the materials and energy sectors.

Japanese shares bucked the trend as the dollar's fall against the yen is seen hurting the country's exporters, with the Nikkei dipping 0.4 percent.

The US dollar extended its broad slide triggered by Wednesday's Federal Reserve statement showing the US central bank would raise rates at a slower pace than its previous forecast.

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