US markets rose to their highest levels of the year yesterday, and stock markets in Hong Kong, Australia, Taiwan, and South Korea all did the same.
WSJ: Japan's Nikkei 225 Average rose 0.5% to 10270.77, Hong Kong's Hang Seng Index jumped 2.6% to 21402.92, Australia's S&P/ASX 200 advanced 2.4%, South Korea's Kospi climbed 1.8%, Taiwan's Taiex expanded 1.3% and New Zealand's NZX 50 added 0.6%.
In afternoon trading, India's Sensex rose 0.8% and Singapore's Straits Times Index advanced 1.5%.
One loser: China, which was down 1.1%.
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See Also:
- Back From The Grave: Asia 'Decoupling' From The US
- Goldman: Upside Surprises All Over Asia
- Bears Blown Away Again
Full story at http://feedproxy.google.com/~r/businessinsider/~3/vKsZnYYbv0I/asian-stocks-surge-to-2009-highs-2009-9
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