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SINGAPORE/TOKYO (Reuters) - Asian shares recovered from a wobbly start on Tuesday, but remained on track for a monthly loss, while the dollar edged away from recent peaks scaled on expectations the U.S. Federal Reserve will raise interest rates as soon as next month. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.6 percent, but looked set to end the month down 1.8 percent on jitters over Fed rate hikes and disappointing data out of China. Japan's Nikkei stock index backtracked on earlier losses to end the day up 1 percent, extending a 1.4 percent rally in the previous session.
FORT WORTH, Texas (AP) — Residents of some rural southeast Texas counties braced for more flooding along a river that is expected to crest at a record level just two years after it had run dry in places because of drought.