Budget optimism in U.S. buoys Asian markets

11/19/2012 | Bloomberg

White House assurances that there's a budget deal in sight that would let the U.S. avoid the dreaded "fiscal cliff" helped lift shares across Asia on Monday. The Nikkei surged 1.43% to 9,153.20, the Hang Seng added 0.49% to 21,262.06, the Kospi rose 0.93% to 1,878.10, and the S&P/ASX was up 0.57% at 4,361.40.

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