Asia markets rise on Japan stimulus, China lending

By doris | Published: April 13, 2009

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HONG KONG – Asian markets gained more ground Monday as Japan’s new $150 billion stimulus plan and upbeat news about Chinese bank lending boosted hopes for recovery in the region’s major economies.

Trade was thinner than normal with many investors still away for a public holiday and several markets closed. A stronger dollar combined with Tokyo’s latest measures helped exporters like Mazda and Nissan. Oil prices slipped to near $51 a barrel.

This entry was posted in Asia, Business, China, Economy, Financial, Government, Investors, Japan, Money, Stimulus, Stocks. Bookmark the permalink. Post a comment or leave a trackback: Trackback URL.

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