AnMaster.com

Alexkid

Asian markets rise as Japan nuclear crisis eases
PAMELA SAMPSON - The Associated Press



06:26:04AM (DST) Monday,March 21,2011.

BANGKOK (AP) — Asian markets were mostly higher Monday, buoyed by news over the weekend that Japan was making progress in its battle to control radiation leaks at a nuclear complex that was severely damaged in the March 11 earthquake.

Oil prices, meanwhile, jumped to near $103 a barrel in Asia after Libyan leader Moammar Gadhafi vowed a "long war" amid allied military strikes over the weekend in the OPEC nation.

South Korea's Kospi index was up 0.8 percent to 1,997.30 and Hong Kong's Hang Seng index rose 1.2 percent to 22,574.01. Australia's S&P ASX 200 was up 0.1 percent to 4,631.10. Japan's Nikkei index was closed for a public holiday after a week of dizzying drops and modest rebounds.

Benchmarks in Singapore, the Philippines and Taiwan also rose. Mainland China's Shanghai Composite Index was up 0.2 percent to 2,911.51. India's Sensex opened 0.3 percent lower to 17,830.22.

-------------------------------------------------------------
* Despite again the happenings with Japan,the Asian markets are working hard. *

__________________
Yeah...Do That.