Asian markets rally after US cut
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Asian stocks bounce back after an interest rate cut by the US Federal Reserve helps calm investor anxiety.
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Global stock markets rebound on hopes that the US Federal Reserve will cut interest rates next month.
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MUMBAI: Asian markets were up in early trades on Friday. While Tokyo Nikkei gained 119.90 points at 10966.22, Hong Kong&#39;s Hang Seng index was up 147.
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Major Asian share markets rallied, with Sydney surging 7 percent on Wednesday after the Federal Reserve's biggest interest rate cut in over two decades tempted investors to beaten-down equities, but recession fears lingered.
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Asian shares jumped to multi-month  highs on Monday on a rally in semiconductor-related issues,  including Japan's Advantest Corp., and European stocks were set  to rise after a rally in U.S. markets.
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Stocks in Asia extended gains to more than 4 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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Asia stock exchanges close up as investors respond to yesterday's Federal Reserve interest rate cut.
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Asian stock markets ended broadly higher on Thursday as investors took their cue from a late rally on Wall Street.
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Wall Street managed to recoup early losses today after sharp market declines in Asia and Europe that reflected lingering fears over a tight credit market.
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LONDON -- European and Asian stock markets rallied Wednesday in the wake of Wall Street's surge spurred by the U.S. Federal Reserve's larger-than-expected interest rate cut.
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Asian and European markets advance after the US Federal Reserve cuts interest rates for the first time in four years.
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Asian stocks ended one of the worst months on record on a slightly brighter note on Thursday, brushing aside worries about top U.S. bond insurers' credit ratings, while the latest U.S. interest rate cut weighed on the dollar.
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The Federal Reserveâs surprise rate cut stemmed a fall in the Asian markets Wednesday but heightened fears of recession. Stocks in Europe were down slightly.
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Asian stocks rose on Tuesday,  snapping two straight sessions of declines after upbeat  earnings from Apple  helped power some technology  shares higher, while the yen's rally paused as risk appetite  resurfaced.
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European and Asian stock markets rallied Wednesday in the wake of Wall Street's surge spurred by the U.S. Federal Reserve's larger-than-expected interest rate cut.
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Global stock markets rebounded on Tuesday as investors put aside fears of a US economic slowdown and focused on expectations of an interest rate cut by the Federal Reserve.
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The United States Federal Reserveâs surprise rate cut stemmed losses on the Asian stock markets but heightened fears of a painful recession.