HONG KONG–Asian markets mostly rose on Tuesday, with Tokyo gaining more than one percent as the yen sank against the dollar, while Shanghai was boosted by hopes China will introduce economy-boosting measures.
With Wall Street closed for the Labor Day weekend investors were given an anemic lead from Europe, where traders were eyeing the standoff between Russia and the West over Ukraine.
Tokyo rallied 1.24 percent, or 192.00 points, to 15,668.60 and Sydney rose 0.51 percent, or 28.67 points, to close at a six-year high of 5,658.5.
Shanghai jumped 1.37 percent, or 30.54 points, to 2,266.05. Hong Kong finished almost …read more
Source: The Philippine Daily Inquirer
