Asian markets closed higher Thursday. In Japan the Nikkei 225 Index advanced 0.7% to 10,590 and in Hong Kong the Hang Seng Index added 0.5% to end the day at 24,239. China’s Shanghai Composite Index gained 0.2% to close at 2,828.

Asian markets reacted positively to yesterday’s auction of Portuguese bonds. The country raised $1.6 billion, on which it will pay out interest at a rate of 6.7% –…

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Positive Spin on Portugal Sends Asian Markets Higher originally appeared on DailyFinance on Thu, 13 Jan 2011 07:15:00.

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