Asia Stocks Up As US Jobless Data Fuels Optimism
The vote allows Kuroda to stand in for current Bank of Japan Gov. Masaaki Shirakawa after he steps down on March 19. Another vote is required to make Kuroda's appointment permanent.
Hong Kong's Hang Seng fell 0.4 percent to 22,533.11. Australia's S&P/ASX 200 advanced 1.8 percent to 5,120.20. Benchmarks in mainland China, Thailand and Indonesia rose while those in Singapore and Taiwan fell. South Korea's Kospi shed 0.8 percent to 1,986.50.
Among individual stocks, Petrochina Ltd., China's biggest oil and gas producer, fell 0.8 percent after Italian oil producer ENI said it sold a 20 percent stake in a gas field in Mozambique to the Hong Kong-listed company for $4.2 billion.
Benchmark oil for April delivery was up 15 cents to $93.18 per barrel in electronic trading on the New York Mercantile Exchange. The contract rose 51 cents to close at $93.03 per barrel on the Nymex on Thursday.In currencies, the euro rose to $1.3014 from $1.3000 late Thursday in New York. The dollar was unchanged at 96.02 yen. ___ Follow Pamela Sampson on Twitter at http://twitter.com/pamelasampson
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV