Asian stocks posted a higher open on Monday, as a
positive lead from the US offset a lackluster second-quarter growth report from
Japan. Released before the market open on Monday, data showed Japan's economy shrank at an annualized pace of 1.6 percent in the April-June period, better than a Reuters' estimate of 1.9 percent contraction but well below a revised 4.5 percent expansion in the first three months of 2015.
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