Asian shares ticked up slightly on Monday after disappointing US economic growth data reduced expectations of a rate hike by the US Federal Reserve in the next few months.
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3 percent in early trade, staying near its one-year high hit last week. Japan's Nikkei fell 1.5 percent as the yen had soared after the Bank of Japan’s stimulus plans underwhelmed investors.
US gross domestic product increased at a 1.2 percent annual rate in the April-June period, less than a half of a 2.6 percent growth rate economists had expected.
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MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3 percent in early trade, staying near its one-year high hit last week. Japan's Nikkei fell 1.5 percent as the yen had soared after the Bank of Japan’s stimulus plans underwhelmed investors. 
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