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Asian Stocks Spike On Euro Debt Talks

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Asian Stocks Spike On Euro Debt Talks

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BANGKOK (AP) — Asian stock markets headed upward Tuesday, with investors emboldened by reports that Germany and France were moving closer toward resolving Europe’s debt crisis.

Japan’s Nikkei 225 index rose 0.6 percent to 8,789.83 and Hong Kong’s Hang Seng index was 0.8 percent higher at 18,215.17. South Korea’s Kospi was 0.1 percent lower at 1,837.11. Benchmarks in Singapore, Australia and the Philippines were higher. Those in mainland China, Taiwan and Malaysia dropped.

Matt Taylor

Matt Taylor is the political correspondent and staff reporter at The National Memo. Previously, he was a staff reporter at The East Hampton Star, where he wrote about politics and the arts. He graduated Phi Beta Kappa from the University of Michigan in 2010 with a B.A. in political science. You can follow him on Twitter @matthewt_ny

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