US rescue plan sparks Asian rally
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Shares rise by more than 2% in Japan in early trading, as traders take heart from a late rally on Wall Street.
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A rally in semiconductor-related stocks, including Advantest Corp., propelled Asian shares higher on Monday as investors added to a U.S. buying spree and turned optimistic on earnings prospects.
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CRAWFORD, Texas  - President Bush, under pressure  over the pace and size of American aid to Asian tsunami  victims, dramatically raised U.S. assistance to the region on  Friday to $350 million from $35 million.
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US companies are expected to contribute hundreds of millions of dollars in relief aid to tsunami-hit Asia, but some may be slower to help since the sudden disaster
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Stocks in Asia rose 3 percent on  Friday as a U.S. tax stimulus package, reassuring jobs data and  the prospect of another Federal Reserve rate cut eased fears  the world's top economy will slide into recession.
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Shares rose on Monday after an investment deal raised hopes that wealthy foreign investors would come to the rescue of Americaâs ailing investment firms.
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Stocks in Asia rose 3 percent on Friday as a U.S. tax stimulus package, reassuring jobs data and the prospect of another Federal Reserve rate cut eased fears the world's top economy will slide into recession.
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The United States plans to increase  its aid to victims of Asia's devastating tsunami to $350  million from $35 million, CNN reported on Friday.
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SINGAPORE: Asian business circles reacted with relief Wednesday to the apparent re-election of President George W Bush, which eased fears of US protectionism, but some were concerned about his impact on the regionâs political stability.
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The United States has dispatched disaster teams to the Asian countries hit hard by a massive earthquake and devastating tsunamis and is
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Asian stocks posted strong gains Monday but European shares closed flat after weakness on Wall Street following news of a record 3.1 trillion dollar US budget proposal.
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Asian shares rallied on Wednesday after the Federal Reserve's biggest interest rate cut in over two decades, but nagging fears of a U.S. recession prompted many indexes to give up much of their early gains.
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WASHINGTON -- As a US naval armada began steaming to the region, President Bush yesterday pledged to lead a coordinated international effort to help tsunami-stricken Asia, and said initial US aid of $35 million would be ''only just the beginning" of a long-term response to one of the worst natural disasters in history.
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Asian shares rise strongly on growing expectations that the US Federal Reserve will cut interest rates still further.
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Asian stocks rose after President George W. Bush led John Kerry in vote counting in the US presidential election. Exporters such as Samsung Electronics Co.
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The United States dispatched disaster specialists yesterday and prepared an initial $15 million (euro11 million) aid package to the Asian countries hit by a massive earthquake and tsunamis.
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Asian and European stock markets rallied Wednesday in the wake of Wall Street's overnight surge spurred by the U.S. Federal Reserve's larger-than-expected interest rate cut.