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Asian shares mostly up as US avoids default

Illegal parking agents cycle past an electronic stock board of a securities firm in Tokyo, Thursday, Oct. 17, 2013 as Japan's bench mark Nikkei 225 Index closed at 14,588.51 after gaining 119.37 points, or 0.83 percent. An eleventh hour agreement that averted a U.S. government debt default boosted Asian stock markets Thursday. AP

Asian shares mostly rose Thursday after US lawmakers passed a last-minute bill to reopen the government and raise the country’s borrowing limit, avoiding a devastating default that threatened to spark another global recession.

Posted: October 17th, 2013 in Latest Business Stories | Read More »

Asia markets closed for holiday

AP FILE PHOTO

HONG KONG —Financial markets in Japan and Malaysia are closed on Monday for national holidays.  

Posted: September 16th, 2013 in Latest Business Stories | Read More »

Asian markets mostly up despite downbeat Japan data

Passersby walk past an electronic board showing the Hong Kong share index outside a Hong Kong local bank Monday, Aug. 12, 2013. Slower-than-expected economic growth weighed on Japan's stock market Monday but gains were posted elsewhere in Asia following signs that China's economy may be picking up.  AP PHOTO/VINCENT YU

Asian markets were mostly up on Monday despite Japan posting lower-than-expected economic growth and off the back of US stocks retreating from record peaks last week.

Posted: August 12th, 2013 in Latest Business Stories | Read More »

Asian stocks mostly gain after Japan election

Japanese Prime Minister Shinzo Abe listens to a reporter's question in front of red rosettes on the names of his Liberal Democratic Party's winning candidates during ballot counting for the upper house elections at the party headquarters in Tokyo Sunday, July 21, 2013. Abe's ruling coalition won a majority in the upper house of Parliament in elections, media projected, giving it control of both chambers and a mandate to press ahead with difficult economic reforms. A sign at left reads: "Liberal Democratic Party." AP

Chinese stocks fell but other Asian markets edged up Monday after Japan’s ruling party won a majority in parliament’s upper house and a mandate to push ahead economic reforms.

Posted: July 22nd, 2013 in Latest Business Stories | Read More »

Asian markets mostly up, Tokyo extends gains

Investors look at the stock price monitor at a private securities company in Shanghai, China, Monday, April 8, 2013. Asian stock markets were mostly higher on Wednesday, with Tokyo supported by the weak yen, while Shanghai slipped following a rare trade deficit for China in March.  AP PHOTO/EUGENE HOSHIKO

Asian markets were mostly higher on Wednesday, with Tokyo supported by the weak yen, while Shanghai slipped following a rare trade deficit for China in March.

Posted: April 10th, 2013 in Latest Business Stories,Photos & Videos | Read More »

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