Asian stocks jump despite Greek debt doubts

HONG KONG: Asian markets soared Wednesday, with Tokyo hitting a more than six-month high, despite eurozone finance ministers putting a Greek bail-out on hold and the release of disappointing US retail data. The 17-nation bloc had demanded that Greece's finance minister come to Brussels with an extra 325 million euros ($425 million) in budget cuts and written pledges from politicians to implement EU-ordered austerity measures. But Jean-Claude Juncker, head of the group of eurozone finance ministers, said Tuesday he did not have the "political assurances" from Greece to approve a bail-out that Athens needs to avoid a devastating default. Tokyo's benchmark index soared 2.30 percent, or 208.27 points, to its highest close since August at 9,260.34 after the Bank of Japan on Tuesday said it would pump another $130 billion into the country's anaemic economy. Indian shares also hi...

Full article: http://www.channelnewsasia.com/stories/afp_asiapacific_bu...

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@KKPei » 15 Feb '12, 10am
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@nicks717 » 15 Feb '12, 10am
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@roginhood » 15 Feb '12, 10am
RT @cnalatest Asian stocks jump despite Greek debt doubts [link]
@rhbinvest » 15 Feb '12, 9am
Asian stocks jump despite Greek debt doubts | #rhbinvest [link]
@DTNSingapore » 15 Feb '12, 9am
DTN Singapore: Asian stocks jump despite Greek debt doubts: HONG KONG: Asian markets soared Wednesday, with Toky... [link]
@sgbusinessnews » 15 Feb '12, 9am
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@hongjone » 15 Feb '12, 11am
RT @cnalatest: Asian stocks jump despite Greek debt doubts [link]
@vallie » 15 Feb '12, 10am
Asian stocks jump despite Greek debt doubts [link]
@chuhaizhou » 15 Feb '12, 9am
Asian stocks jump despite Greek debt doubts [link]
@ChannelNewsAsia » 15 Feb '12, 9am
Asian stocks jump despite Greek debt doubts [link]