Stockbrokers working on the trading floor at the German stock exchange in Frankfurt/Main, Germany. European shares surged and German stocks hit record highs after the ECB announced an aggressive six-month bond-buying programme - EPA Photo.
TOKYO: Asian stocks extended a global rally on Friday after the European Central Bank (ECB) launched a landmark bond-buying stimulus programme that buoyed investors' risk appetite, drove bonds higher and left the euro pinned near 11-year lows.
Crude oil prices jumped after Saudi Arabia announced that King Abdullah had died and his successor, Salman, moved quickly to name his own heir to rule the world's biggest oil exporter.
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