Hong Kong's Hang Seng added 0.6 percent and Australian stocks rose 0.6 percent.Tokyo's Nikkei climbed 0.3 percent on prospects of more fiscal stimulus and a weaker yen. "In euro zone government bond markets, German 10-year yields rose 0.6 basis points to 0.13 percent. Britain's FTSE 100 dipped 0.3 percent.The FTSEurofirst rose 0.6 percent on Friday after U.S. retail sales recorded their biggest monthly rise in a year.Data from China over the weekend was less rosy. The blue-chip CSI300 index closed up 0.7 percent and the Shanghai Composite gained 0.8 percent.MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4 percent. Irish yields, however, fell 3.4 bps to 0.79 percent after Moody's Investor Services raised its credit rating to A3 from Baa1.

Source: Economic Times May 16, 2016 01:21 UTC