asian stocks

Oil prices bounce back from a three-and-a-half year low, tracking Asian stocks higher, but are still below $50 a barrel.

Shares in Asian markets rise for the fifth day in a row, boosted by intervention from regional governments.

Asian stocks soared Thursday, with several markets posting double-digit percentage gains, buoyed by new efforts the world's central banks are taking to battle the slumping global economy.

European stocks drifted, after fears of a global recession saw Asian stocks plunge overnight.

Asian markets rose Tuesday following the Dow Jones' 413-point surge and talk in the United States of a second stimulus plan.

Asian stocks fell sharply, following Wednesday's dramatic declines on Wall Street. Their losses have some analysts wondering whether the actions by the U-S and European governments have had any impact on the global financial crisis.

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