Asian stocks rose today after a hint of more monetary easing by the European Central Bank (ECB) and a bounce in crude oil from 12-year lows earlier this week.Japan's Nikkei jumped 3.5 percent to move away from a 15-month low struck yesterday. Australian shares rose 1.3 percent and South Korea's KOSPI also climbed 1.8 percent. Volatile Shanghai shares added 0.8 percent.The ECB President Mario Draghi had said yesterday, Fading growth and inflation prospects will force the central bank to review its policy stance in March.
News On AIR | January 22, 2016 10:40 AM
Asia stocks rise as ECB soothes nervous markets, oil extends bounce<br/>