Asian markets rose Wednesday on news that Japan’s economy may finally be bouncing back. Figures released yesterday show that machinery orders in Japan jumped 4.2% in January over December, sending the Nikkei up 0.6%. In Hong Kong the Hang Seng Index edged up 0.4% and China’s Shanghai Composite Index added 0.1%.
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Asian Markets Rise as Japanese Machinery Orders Ramp Up originally appeared on DailyFinance on Wed, 09 Mar 2011 06:45:00.