Asian stock markets rose sharply Friday, a day after Greece’s prime minister abandoned a referendum on the country’s bailout and the European Central Bank cut interest rates in a surprise move.
Oil prices approached $94 a barrel amid signs the U.S. economy may be improving. The dollar was higher against the euro but lower against the yen.
Japan’s Nikkei 225 index rose 1 percent to 8,732.32 and Hong Kong’s Hang Seng jumped 3.4 percent to 19,900.93. South Korea’s Kospi gained 2.7 percent to 1,920.82.
From: http://ping.fm/SkFLD
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