| Japanese stocks rebounded amid a report the government will boost budget spending, tracking a late-afternoon rally in the U.S as crude oil and copper prices stabilized. Gold declined with government debt in Asia.
The Topix index snapped a two-day drop, with construction companies and iron and steel producers driving gains after Asahi TV reported Japan is considering an extra budget of about 5 trillion yen ($45 billion), citing unidentified ruling party officials. Banks led Australia’s benchmark lower despite a recovery in U.S. crude above $32 a barrel and a rebound in copper futures...............................................Full Article: Source
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