Shares closed higher in Tokyo with the Nikkei up 554 at 13,174 on short covering and baragin hunt...
Shares closed higher in Tokyo with the Nikkei up 554 at 13,174 on short covering and baragin hunting after an overnight rally in the US. The ruling LDP party's move to cut long-term capital tax gains by more than expected also helped to push stocks into positive territory. The Hang Seng was at 12698.83, up +485.16 and the Singapore Straits Times was higher by 15 points in late trading at 1620.21. On the FTSE 100 this morning better than expected interim results from ARM Holdings and continuing confidence in Marconi have combined to lift the TMT sector. WPP Group Plc dropped after...
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