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SUNDAY, NOVEMBER 22, 2009
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Asian Shares Surge, Europe Opens Up

Taiwan leads regional exchanges sharply higher

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(Newser) – Asian shares jumped today and European markets opened strongly, as good political and economic news encouraged investors. The Taiwan Stock Exchange rocketed 6.8% amid talk that mainland Chinese investors will be allowed to invest in the market, while in Tokyo the Nikkei closed up 4%. In London the FTSE opened up 1.2%, with banks leading advances. The Royal Bank of Scotland rose 10% after a report suggested the effectively nationalized bank would turn a profit this year.

People watch an electric market board in Tokyo today. The benchmark Nikkei 225 stock average gained 4% as markets around Asia performed well.
People watch an electric market board in Tokyo today. The benchmark Nikkei 225 stock average gained 4% as markets around Asia performed well.   (AP Photo/Katsumi Kasahara)
A woman walks by an electric market board in Tokyo today.. The benchmark Nikkei 225 stock average gained more than 3% in the early stage of the morning session.
A woman walks by an electric market board in Tokyo today.. The benchmark Nikkei 225 stock average gained more than 3% in the early stage of the morning session.   (AP Photo/Katsumi Kasahara)
A man walks by the stock price monitor at a private securities company today in Shanghai, China. Chinese shares rose today after Wall Street's overnight rise fueled hopes a Chinese rally would last.
A man walks by the stock price monitor at a private securities company today in Shanghai, China. Chinese shares rose today after Wall Street's overnight rise fueled hopes a Chinese rally would last.   (AP Photo/Eugene Hoshiko)
The Taiwan Stock Exchange soared 6.8% today after the island's government said it will allow institutional investors from China to buy into the island's stock market for the first time.
The Taiwan Stock Exchange soared 6.8% today after the island's government said it will allow institutional investors from China to buy into the island's stock market for the first time.   (AP Photo/Wally Santana)
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