Wednesday, 16. March 2011

Japan stocks surge after rout, relief for Asia


Asian financial markets rallied on Wednesday, with Tokyo stocks rebounding 5.7 percent after a steep two-day sell-off on Japan's killer earthquake and unfolding nuclear crisis.

Other Asian stock markets were also higher, but another fire at the earthquake-damaged Fukushima Daiichi nuclear plant north of Tokyo and fears of more radiation leaks kept investors on edge and Tokyo stocks volatile.

reuters.com

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