Hong Kong (AFP) – Asian markets rallied for a second straight session Friday, boosted by another strong performance on Wall Street while renewed confidence helped push the dollar back towards the 100 yen mark.Tokyo jumped 1.59 percent thanks to the weaker yen, while Sydney climbed 1.66 percent, Seoul rose 1.29 percent and Hong Kong added 1.43 percent. Shanghai eased 0.20 percent.Global markets tanked at the start of the week on fears about the global economy as oil prices plunged and crude exporter Russia was also hammered by Western sanctions over Ukraine.However, they have rebounded over the past few days in …read more
Source: Business Insider
