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1/25/2008

Asian stock market makes a recovery

Asian stock market makes a recovery

Asian stock market recovers from the fears of recessions in the US economy. The Asian stocks have increased sharply after the huge decline in the last two days. The government of America has made a plan to revive the economy by investing about $150 billion towards economy.

The US government predicted that the millions of US consumers will get tax rebates though the demand for Asian goods in US is increasing. The Asian markets like the Hong Kong stock exchange, Hang Seng went up by 5% and Japan’s Nikkei increased by 4%.

More: Business News

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