Asian Shares Higher on Oil Dip
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Asian investors took advantage of a pause in climbing oil prices on Thursday to buy beaten-down technology stocks, autos and other exporters, snapping a nine-session losing streak by Japan's key stock index.
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Oil prices ticked up in Asian trading but remained below the 47-dollars a barrel level amid expectations of a further easing of supplies in the coming weeks, dealers said.
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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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Shares in tech bellwethers Intel  Corp. and Yahoo Inc. rose in after-hours trade on upbeat  earnings reports, driving Asian shares higher Wednesday as oil  prices retreated from record highs.
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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 stock markets inched higher on  Wednesday on growing expectations of an extended pause in U.S.  interest rate rises, but gains were limited by worries of  flagging consumer confidence in the world's biggest economy.
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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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Asian stocks rose moderately on  Tuesday as investors sought to balance relief from lower oil  prices against signs that sustained high energy costs could  start to bite into profits and economic growth.
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Asian stocks rose on Monday, with China's market surging to an all-time high and South Korea also hitting a record, as a rally in metals prices lifted miners and a stronger dollar boosted shares in Japanese exporters.
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Asian stocks rose on Wednesday, with Japan's Nikkei at its highest in nearly seven years on gains in tech firms and blue chips such as Sony Corp., while the dollar steadied after dropping on a big U.S. trade deficit.
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Oil prices slipped to seven-week lows  on Wednesday, lifting Asian shares, while the dollar gained on  fresh warnings over the euro's strength ahead of an expected  U.S. interest rate rise later in the day.
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Asian tech shares powered ahead on Monday, driving stock markets higher, while the dollar wobbled on weak U.S. economic data and worries about a possible hurricane-related supply crunch pushed crude oil futures higher.
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Asian tech shares powered ahead on  Monday, driving stock markets higher, while the dollar wobbled  on weak U.S. economic data and worries about a possible  hurricane-related supply crunch pushed crude oil futures  higher.
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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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Asian stocks rose on Thursday, with  an index of shares outside Japan at record levels for a second  successive day, as strong earnings from U.S. computer maker  Dell boosted shares in technology suppliers.
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Asian stocks rose on Thursday, with an index of shares outside Japan at record levels for a second successive day, as strong earnings from U.S. computer maker Dell boosted shares in technology suppliers.
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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."