Asia stocks gain as weak global data raises stimulus hopes

April 2, 2015 6:52 AM

55 0

SEOUL, South Korea (AP) - Asian stock markets bounded higher Thursday after weak data from major economies boosted hopes for stimulus and a slow pace for U.S. interest rate hikes.

KEEPING SCORE: Japan's Nikkei 225 rose 1.5 percent to 19,312.79 and South Korea's Kospi was nearly flat at 2,029.07. Hong Kong's Hang Seng advanced 0.4 percent to 25,185.08 while Australia's S&P/ASX 200 gained 0.6 percent to 5,898.60. Stocks in mainland China opened higher but lost grounds in late t...

Also read: US stocks hold higher after release of Fed's Beige Book; energy rises 2%

Read more

To category page