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Japan market bounces back, lifts world shares PAMELA SAMPSON - The Associated Press 07:03:57AM (DST) Wednesday,March 16,2011. BANGKOK (AP) — ...
 
 
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Old 03-16-2011, 04:04 AM   #1
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Default Japan market bounces back, lifts world shares

Japan market bounces back, lifts world shares
PAMELA SAMPSON - The Associated Press




07:03:57AM (DST) Wednesday,March 16,2011.

BANGKOK (AP) — Japanese stocks rebounded Wednesday, recovering some of the massive losses sustained over the last two days following a devastating earthquake and tsunami. Markets around the world also bounced back even as the human and economic toll from the disasters, including an escalating nuclear crisis, remained unclear.

Oil prices rose above $98 a barrel as fears that clashes in Bahrain and Libya could further disrupt crude supplies outweighed concern Japan's crises will crimp demand. In currencies, the dollar was little against the yen and up against the euro.

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* Truly a different story than the one posted yesterday morning(Tuesday). *
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