• Asian shares gain as investors shrug off downbeat data

    3 days ago - By Chron

    BANGKOK - Shares were higher in Asia on Friday, despite data suggesting economies are slowing. The advance tracked gains on Wall Street, where the market is headed for its first weekly gain after three weeks of punishing losses.
    Tokyo's Nikkei 225 index added 1.2% to 26,491.97 and the Kospi in Seoul jumped 2.4% to 2,369.16. Hong Kong's Hang Seng advanced 2% to 21,707.92 and the Shanghai Composite index added 1% to 3,354.63.
    In Australia, the S&P/ASX 200 gained 0.8% to 6,577.40. Shares also rose in India and Taiwan.
    U.S. and European futures also were higher.
    Market players are looking...
    Read more ...