Asian markets closed higher Friday. In Japan the Nikkei 225 Index climbed 1.5% after Prime Minister Naoto Kan announced a new $11 billion stimulus plan designed to promote job creation, coax shoppers back into stores, and stem the surge in the value of the yen. In China the Shanghai Composite Index inched up 0.3% and Hong Kong’s Hang Seng Index added 0.4%.
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Japan PM Announces $11 Billion Stimulus Plan, Asian Markets Rise originally appeared on DailyFinance on Fri, 10 Sep 2010 06:55:00.