Asian shares rise on Fed minutes, unfazed by China exports

TOKYO: Asian shares look to extend recent solid gains on Thursday after minutes of the Federal Reserve's latest policy meeting suggested the Fed may be more cautious about raising interest rates than markets had thought.

Chinese exports and imports both undershot market expectations, but analysts said the data was likely to be distorted due to over-invoicing last year to skirt tight capital controls and markets showed muted reaction to the data.