Asian Stocks Rise After U.S. Unemployment Falls

International Herald Tribune Sunday 5th February, 2012

BANGKOK (AP) - Asian stock markets climbed Monday after US unemployment fell to its lowest in three years, suggesting a stronger recovery in the world's No. 1 economy that could benefit the region's exporters.

Japan's Nikkei 225 index rose 1.1 percent to 8,924.98. South Korea's Kospi gained 0.2 percent to 1,976.93 and Hong Kong's Hang Seng was 0.5 percent higher at 20,867.92.

Australia's S&P ASX/200 added 1.1 percent to 4,296.80, while benchmarks in Singapore and the Philippines also rose.

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