Asian markets enjoy some much-needed festive cheer


HONG KONG (AFP): Asian markets extended a Wall Street advance into Thursday (Dec 22) as forecast-busting US earnings and consumer confidence data tempered worries about a deep recession.

With dust settling after the Bank of Japan's surprise shift from ultra-loose monetary policy, investors embarked on a mini Santa rally ahead of the Christmas break, while the yen stabilised following its biggest jump in 24 years.

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Asian , equities , Dec 22

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