Oil Retreat from Highs Lifts Asia Stocks
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Crude oil extended its retreat on  Monday from a 21-year high near $50 a barrel, lifting most  Asian shares and giving investors some respite from concerns  that energy costs would choke off profits and economic growth.
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HONG KONG, Sept 7  - Asian share markets closed higher Tuesday as contined soft oil prices helped dispel fears of a significant global economic slowdown.
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Gains in banks and exporters helped lift  Tokyo's Nikkei 0.84 percent by midday on Tuesday as a fall in  crude oil prices and a rebound in U.S. stocks led buyers to  pick up shares hit by the index's recent sharp losses.
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Exporters such as Honda Motor Co. led gains in Asian shares on Monday as a rebound in the U.S. dollar eased concerns over corporate profits.
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Asian stocks edged higher on Thursday as a rally in crude oil prices underpinned resource stocks, while the dollar was supported by U.S. Fed chief Alan Greenspan's comment that U.S. interest rates were "fairly low."
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Gains in U.S. tech stocks and increasing economic confidence pushed Asian stock markets higher on Monday, while a surprisingly large jump in Japan's current account surplus sapped the dollar.
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Asian shares rallied on Thursday, with Taiwan jumping more than 3 percent, as technology issues chased a rise in their U.S. peers and investors showed resilience to record oil prices.
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Most major Asian share markets rose on Thursday, lifted by banks and financials after the U.S. government outlined a plan to rescue battered bond insurers and stave off a fresh round of billion-dollar writedowns.
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Asian shares ticked higher on Tuesday as oil paused in its near-daily record climb, providing investors a chance to buy banks and some semiconductor shares such as NEC Electronics Corp.
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Asian shares mostly eased on Monday with South Korea retreating from record highs on fears the government may move to cool the market, while Brent crude was about $1 away from its highest level due to supply worries.
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U.S. stocks gained on Tuesday, after  crude oil retreated from a seven-week peak and higher  fourth-quarter profits from several banks, including Bank of  America Corp. BAC.N, lifted financial shares.
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Asian stocks were mostly higher on Monday, led by electronics and telecoms firms, while oil extended gains and the dollar edged up ahead of an expected U.S. Federal Reserve interest rate rise on Tuesday.
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Asian stock markets rebounded on Monday, with South Korea reaching a new peak as gains on Wall Street helped soothe worries about overheating in China's red-hot share markets.
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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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Calm returns to global stock markets, with East Asian shares rising after the overnight recovery on Wall Street.
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Asian stocks outside Japan hit a 7-year high Monday as falling oil prices eased concern over corporate profits and shares in display makers surged on hopes flat-screen prices will hit bottom soon.
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Gains in U.S. tech stocks and  increasing economic confidence pushed Asian stock markets  higher on Monday, while a surprisingly large jump in Japan's  current account surplus sapped the dollar.