Posted AT 6:41 AM EST on 16/01/09
World stocks gain on Bank of America aid
HONG KONG — Asian stock markets rebounded Friday from the previous day's rout, with Tokyo's index gaining nearly 3 per cent, as the U.S. bailed out Bank of America again and a weaker yen lifted exporters like Toyota Motor Corp. Major European markets opened higher.
After a tumultuous week that saw markets fall sharply, early trade in Asia was cautious but picked up later in the day as investors snapped up beaten down shares.
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