Posts Tagged "stock market"

Asian Stocks Show Recovery Signs

Posted by on Nov 3, 2008 in Business | 1 comment

Leading markets in Asia have climbed, helped by a number of governments who have intervened to try to boost their economies and avert a recession.The MSCI index in the Asia-Pacific region rose 5.9%. India’s Sensex rose some 440 points or 4.6% after a cut in short-term interest rates.Hong Kong’s Hang Seng index rose 3% on hopes that lending limits would been lifted, helping small firms.

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