Asia rises after cold spell lifts oil, dollar stands tall

January 25, 2016 5:15 AM

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Asia rises after cold spell lifts oil, dollar stands tall

TOKYO Asian stocks on Monday moved further away from four-year lows struck last week, as a cold spell in parts of the northern hemisphere pushed oil prices higher and relieved some of the bearish pressure on global markets.

World equities also took heart from the European Central Bank last week signalling additional monetary easing steps to come, raising hopes that other central banks, like the Bank of Japan, would take the same path.

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