Asian markets return to positive territory on US jobs data

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Source: Marketwatch
Asian equities recovered after steep losses on Thursday as data showed hiring accelerated in US and investors became more optimistic over Greek debt swap. Japan's Nikkei Stock Average advanced 2%, Hong Kong's Hang Seng Index climbed 1.3% and China's Shanghai Composite Index added 1.1%. South Korea's Kospi index surged 0.9% and Australia's S&P/ASX 200 index improved 0.7%.




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Thu, 08 Mar 2012 13:18:17 GMT

US stocks rebound as hiring increases

US markets recovered on Wednesday trade after data showed the number of payrolls climbed and investors anticipated news about possible new type of Fed's quantitative easing. S&P 500 index gained 0.69% or 9.27 points and finished at 1,352.63 with financial shares posting biggest gains, Dow Jones Industrial Average index added 0.61% or 78.18 points and settled at 12,837.33 while Nasdaq Composite

Thu, 08 Mar 2012 14:39:18 GMT

Nikkei 225 index adds 2% on depreciating Yen

Japan's Nikkei Stock Average ended a three-day drop and advanced sharply on Thursday lifted by depreciating Yen and economic news from US. Nikkei 225 index soared 1.97% or 188.67 points and closed at 9,764.73. Financials supported the index most with Nomura Holdings Inc surging 4.7% and  Mitsubishi UFJ Financial Group advancing 2.7% on news US Fed is planning a new

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