HONG KONG (AP) -- Asian stock markets rose strongly Monday, with benchmarks in Tokyo and Shanghai gaining more than 2 percent, as Wall Street's rally and stimulus plans in the U.S. and elsewhere buoyed investor hopes for 2009.
Investors seemed to find encouragement after President-elect Barack Obama urged congressional leaders Saturday to move quickly on recovery measures that aides say could cost as much as $775 billion.
Monday, January 5, 2009
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