"US Jobs Market Boosts Asian Shares with Surging Momentum"

Asian shares surged after positive news from the US jobs market, which indicated that while the market remains healthy, there are signs of cooling. This raised hopes among investors that the Federal Reserve may ease up on its campaign to slow the US economy by raising interest rates. Additionally, China's financial regulators provided fresh stimulus for the struggling property sector, further supporting buying. Hong Kong's Hang Seng index jumped 2.4%, the Shanghai Composite index added 1%, and Tokyo's Nikkei 225 was up 0.6%. US markets were closed for the Labor Day holiday.