Chinese Shares Surge Along With Foreign Investments

Shares rose in Asia Wednesday. In Shanghai the Composite Index climbed 1.8% to 2,758 and in Hong Kong the Hang Seng rose 1.1% to 24,420. Japan’s Nikkei 225 Index was up 0.4%, ending the day at 10,557.
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Apple Gets Love from Asia-Pacific: Earnings Soar 78%

Just a day after Apple announced that CEO Steve Jobs was off on his third medical leave since 2004, the stock’s already on the rebound. The company smashed its first-quarter earnings expectations, thanks to soaring Asia-Pacific…

Sony Rises on ‘Pure Speculation’ of Apple Interest

Sony shares rose as much as 3% on Tuesday in Japan on rumors it could be a potential acquisition target of Apple. But the media reports that the traders cited were apparently just musings by columnist Eric Savitz of Barron’s.
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