Asian markets rose on Wednesday, because dealers before the end of the year buying stocks, and Tokyo reference nine months after high, a new, pro-business government ready to play a leading role in a troubled country years, sleepiness economy.
Japan's nikkei 225 index rose 1.5% to close at 10230.36 further weaken the yen to promote the country's leading exporter. This is since March 27, the highest closing price.
The incoming prime minister, shinzo Abe, the bank of Japan to pressure, improve its from 1% to 2% of the inflation target, freed from twenty years of deflation - prices are down - this is numb economic activity.
Prime minister shinzo Abe wild tian jia "(Yoshihiko Noda) after the government to resign, the appointment of a new cabinet, on Wednesday. Shinzo Abe has called on the central bank to take measures to crack down on the country's currency strength. The strong yen has been rolled up the erosion of the value of the return the profits, Japanese products more expensive overseas export country, such as Toyota.
Shinzo Abe is also called positive public construction spending to a lazy economic vitality.
South Korea's Kospi index rose to 1982.25. In mainland China, Singapore, Indonesia and the Philippines stock market also rose. The extra cash, want to avoid missed the end of the year, reflecting investors' earnings rebound.
"People hope to get investment. In the past few years, we have seen a good bounce around the end of the year," hong kong-based analyst Andrew Sullivan said, in a recent interview.
In Hong Kong, Australia and New Zealand market closed holiday. In Europe most markets reopen day (Thursday).
In stocks, Japan's Fujitsu rose 4.1%. Sharp (Sharp) soared by 15.4%.
Yonhap said, South Korea mobile operators have been fined down after discriminatory subsidy. South Korea's largest mobile carrier SK telecom, fell 0.6%.
On Wall Street last Monday, before Christmas last trading day, the stock market fell worries, time is running out for lawmakers to avoid a budget agreement in the "wealth cliff." The United States on Wednesday to the stock market.
A few weeks, between the White House and congress discussion has been more than budget market main power. If the deal is not reached by the start of 2013, billions of billions of dollars in automatic cut costs and increase the revenue will be fined - many economists believe that promote the economy back into recession.
In electronic trading on the New York mercantile exchange in February delivery benchmark crude oil rose 45 cents to $89.06 a barrel. The contract closed down 5 cents to $88.61 a barrel on the New York mercantile exchange (Monday).
In currency markets, the euro against the dollar rose $1.3192 to $1.207 in New York on Monday night. Dollar rose to 85.36 yen, from 84.23 yen.
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