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Asian Stocks Rise After Earnings Beat Estimates as Dollar Gains

Tuesday, August 7, 2012

WN.com - Asia News
Latest headlines from WN Network
Asian Stocks Rise After Earnings Beat Estimates as Dollar Gains
Aug 8th 2012, 02:31

Asian stocks rose to a three-month high following better-than-expected corporate earnings in the U.S. Oil in New York retreated from the highest close in more than two months while the dollar strengthened. The MSCI Asia Pacific (MXAP) Index climbed 0.7 percent as of 9:41 a.m. in Tokyo as Japan's Nikkei 225 Stock Average surged 1.6 percent. Futures on the Standard & Poor's 500 Index fell 0.2 percent after the...
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