Asian shares have advanced following Wall Street gains last week that were buoyed by hopes for early interest rate cuts. South Korea's Kospi jumped more than 4% after the government restored a ban on short-selling that had been lifted since May 2021. Japan's benchmark was up 2.4%. Wall Street steamrolled higher Friday as it closed out its best week in nearly a year. The S&P 500 climbed 0.9% and the Dow Jones Industrial Average gained 0.7%. The Nasdaq composite jumped 1.4%. Treasury yields tumbled immediately after the jobs report Friday that showed employers hired fewer workers than economists expected last month. That released more of the pressure that had built up on Wall Street.
