HONG KONG–Asian markets picked up Tuesday with traders welcoming news that pro-Russian rebels had handed over the black boxes from downed flight MH17, helping to ease geopolitical concerns.
Hong Kong rallied 1.69 percent, or 394.97 points, to close at 23,782.11– its highest level since December–and Shanghai rose 1.02 percent, or 21.00 points, to 2,075.48.
Tokyo closed up 0.84 percent, or 127.57 points, at 15,343.28, Seoul ended 0.52 percent higher, adding 10.43 points to 2,028.93, and Sydney ended up 0.06 percent, or 3.4 points, at 5,543.3.
The downing of the Malaysia Airlines jet last Thursday in Ukraine fanned fears that a …read more
Source: The Philippine Daily Inquirer
