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Article: Asian Markets Overview of March 23
- Article from:
- abnnewswire.net
- Article date:
- March 23, 2009
- Author:
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Asian stocks markets broadly opened higher on Monday on hope of the US government's plan to remove toxic assets from the troubled financial firms. Most major indices in Asia posted strong openings and surged more than 1% in early trading.
Asia Economy Watch
The China's Development Research Centre said the 4 trillion yuan stimulus package might contribute 1.5 to 1.9 per cent to the nation's economic growth this year. The spending would help the mainland realise its target of 8 per cent expansion this year.
The Hong Kong Monetary Authority confirmed on Monday it had injected HK$2.713 billion into its currency market late on Friday in New York as the Hong Kong dollar hit the top end of its ...