Shanghai surges to three-year high

Asian shares rose on Tuesday, with energy firms clawing back some losses as oil prices recovered from multi-year lows. |||
Asian shares rose Tuesday, with energy firms clawing back some losses as oil prices recovered from multi-year lows, while Shanghai surged to a three-year high on hopes for more Chinese government easing.The Russian ruble strengthened slightly against the dollar after suffering its worst one-day fall in 16 years, battered by falling crude prices and Western sanctions over Ukraine.Tokyo added 0.42 percent, or 73.12 points, to end at a seven-year high of 17,663.22. Analysts said dealers were …read more

Source: Independent Online

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