Asian shares rise, dollar firms after upbeat U.S. data



Asian shares shrugged off a sluggish start and pushed higher on Tuesday, with Japanese markets leading the way after an upbeat U.S. manufacturing survey bolstered the dollar.
But the cheer was unlikely to spread to Europe, where German markets will reopen after a holiday to rekindled fears about the stability of the country's largest lender.
U.S. stocks slumped overnight, with Deutsche Bank shares resuming their slide as hopes faded that the bank would reach a swift deal with the U.S. Department of Justice over a fine of up to $14 billion for mis-selling mortgage-backed securities.... read more

 
4 October 2016 in World News, Views: 31
Source: Reuters
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