News Snapshot:
Investors sit in front of a board showing stock information at a brokerage house on the first day of trade in China since the Lunar New Year, in Hangzhou By Wayne Cole SYDNEY (Reuters) - Asian shares rallied on Monday as hopes for less aggressive U.S. rate hikes and the opening of China's borders bolstered the outlook for the global economy. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.6%, with South Korean shares gaining 1.1%. Japan's Nikkei was closed for a holiday but futures were trading at 26,235, compared with a cash close on Friday of 25,973. S&P...
