Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Hot on Facebook
Uproar After NC State Agent 'Fixes' Girl's Lunch Preschooler has to eat chicken nuggets instead of mom's meal »

Asian Shares Surge, Europe Opens Up

Taiwan leads regional exchanges sharply higher

By Jason Farago,  Newser Staff

Posted Apr 30, 2009 4:34 AM CDT

(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)
« Prev« Prev | Next »Next » Slideshow
To report an error on this story, notify our editors.
A snapshot of the day's best news stories.
 
COMMENTS
Be the first to comment on this story.

More Newser Stories

Stocks Sputter, Gold Soars

Global Markets Follow Wall Street Down

Asian Markets Reeling

US Woes Send Asian Stocks Tumbling

Asian Stocks Follow US Drop


NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   Betty Confidential   |   BuzzFeed   |   Cracked   |   Fark   |   Timelines   |   The Frisky   |   Geek Sugar   |   NewsOne