Asia markets rise on Wall Street rally

NEW YORK: US stocks were little changed at the open on Thursday after data showed initial jobless claims rose more than expected last week and the U.S. economy expanded at a sluggish pace in the fourth quarter. The Dow Jones industrial average gained 22.

For more than three years, Wall Street has had everything going its way: An ever accommodating Fed, pushing almost every major interest rate near zero -- in essence, providing free money to Wall Street to chase after every asset category.A falling dollar

Wall Street opened lower on Wednesday after a robust rally a day earlier, as soft demand at an Italian debt auction sparked concerns over the financial health of the euro zone. The Standard & Poor’s 500-stock index lost 0.6 percent at the start of tradin

HONG KONG (AP) — Asian stocks followed Wall Street higher on Wednesday after upbeat economic data from the world's largest economy. But in Europe, markets were unsteady ahead of the release of more indicators that would provide further clues about the he

A worker restores a damaged door of a branch of a Bank of Cyprus after a bomb attack at Polemidia a suburb of the southern port city of Limassol, Cyprus, early Monday, March 25, 2013. After failing for a week to find a solution to a crisis that could for

Asian shares rose on Wednesday as positive US data pointing to a moderate recovery in the economy offered comfort, while the euro eased on worries over the consequences of the Cyprus bank bailout deal which inflicts huge losses on wealthier depositors. T