Economic news

Review: Asian stocks recover after hard week

Asian stocks bounced on Friday after a tough week in which investors assesed a greater probability of a higher U.S. interest rates in December.

MSCI’s broadest index of Asia-Pacific shares rose 0.4 percent, but was still on track for a weekly loss of 1.7 percent.

Japan’s Nikkei leaped 3.6 percent in early trading.

South Korea's Kospi index increased 0.9 percent and Australia’s S&P/ASX 200 Index ticked up 0.2 percent.

Hong Kong’s Hang Seng Index climbed 0.4 percent and Shanghai stocks edged up 0.2 percent.

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