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Asia stocks gain, unfazed by NKorea rocket launch

Asian markets rose on Wednesday, as the German business confidence survey relief, Europe's biggest economy could fall into recession worries. Investors refuted north Korea's latest test long-range rocket.
Ignore the expected ZEW economic boom index, from November below 15.7 rose to add 6.9 points. The market is expected to the index will continue to fall into negative. Germany's economic growth in the third quarter of 0.2% and expectation is another weak link quarter in the past 3 months of a year.
Wolfgang, francois, ZEW European economic research center said on Tuesday, the survey shows that Germany is facing recession, unless the debt crisis of the eurozone countries rekindle.
Japan against north Korea's rocket, and held a council analysis. Rocket tests are regarded as propulsion north Korea's nuclear ambitions key. In Washington, Seoul, Tokyo and other local officials have been urging north Korea to cancel levitation.
Although launch, Japan's nikkei 225 index rose 0.5% to 9570.08 point. Hong Kong's hang seng index rose 0.6% to 22446.36. South Korea's Kospi index rose 0.2% to 1969.26 point. Australia's S&P/ASX 200 index rose 0.3% to 4592.40.
In stocks, the Australian mining giant BHP Billiton (BHP Billiton)'s stock rose 1.2%, after the company announced that it has agreed to sell its shares of the proposed Australian natural gas project, China's state-owned energy producers petrochina $1.6 billion.
Traders also pay attention to the federal reserve (Fed) on Tuesday began a two-day policy meeting. Some economists expect, the fed on Wednesday announced a new national debt purchase plan, or quantitative easing policy to stimulate the economy.
Tuesday's Wall Street investors hope American leaders will eventually discuss budget need to keep pendulum hit the world's largest economies to increase taxes and spending cuts of the agreement. No longer is the failure of the transaction, in order to avoid the so-called "finance in the next year to start automatically increase the tax and spending cuts cliff", more dysphoria investors is likely to be.
The dow Jones industrial average index rose 0.6% to 13248.44. S&P 500 index rose 0.7% to 1427.84. The nasdaq composite index rose 1.2% to 3022.30 point
January delivery benchmark crude oil futures prices 19 cents to $85.98 a barrel on the New York mercantile exchange electronic transactions. The contract up 23 cents at $85.79 a barrel on the New York mercantile exchange (Tuesday).
In currency markets, the euro against the dollar rose $1.3003 to $1.3009 on Tuesday night in New York. Dollar rose to 82.55 yen, from 82.50 yen.




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