Asia Recovers After Two Days of Losses

Stocks in Asia-Pacific rose on Thursday, with Japanese shares leading gains among the region’s major markets.

The Nikkei 225 recovered 679.62 points, or 2.4%, to 29,188.17.

The Japanese yen traded at 107.83 per U.S. dollar, stronger than levels above 108.4 against the greenback seen earlier in the week.

In Hong Kong, the Hang Seng index took on 133.42 points, or 0.5%, to 28,755.34.

The Australian dollar was at $0.7759, still lower than levels above $0.78 seen earlier this week.

In other markets

In Shanghai, the CSI 300 dropped 9.51 points, or 0.2%, to 5,089.24

In Singapore, the Straits Times index resurfaced 32.72 points, or 1%, to 3,187.78.

In Korea, the Kospi index recovered 5.86 points, or 0.2%, to 3,177.52.

In Taiwan, the Taiex index fell 105.14 points, or 0.6%, to 17,096.17

In New Zealand, the NZX 50 re-strengthened 42.14 points, or 0.3%, to 12,577.48.

In Australia, the ASX 200 picked up 57.97 points, or 0.8%, to 7,055.45.