Asia stocks gain on Japan, US economy indicators
Asia stocks gain on Japan, US economy indicators
Most Asian markets gained Friday after Japan said its economy grew more than estimated and better U.S. jobs and trade figures eased fears that the world’s largest economy might slip back into recession. Japan’s Nikkei 225 stock average was up 117.90 points, or 1.3 percent, at 9,216.29 after slipping back from the morning’s 2 percent rise. Investors welcomed figures showing that improved capital …
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Dollar Firm Against Yen, Swiss Franc
The U.S. dollar was firm against the safe-haven yen and Swiss franc but is winding down the week on a softer note against the euro, sterling and the dollar-bloc currencies.
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