Japanese shares touched an eight-year high on Monday following a record close on Wall Street, with investors cautiously optimistic the European Union would make progress this week on a debt deal with Greece. Oil prices faded after an early spurt, while the major currencies stayed locked in recent tight ranges. Data from Japan showed the economy emerged from recession in the final quarter of last year, though growth of 0.6 percent was short of market forecasts. MSCI’s broadest index of Asia-Pacific shares outside Japan recouped a small initial loss to inch ahead to 483.90.