Markets in Asia were up sharply.

The Nikkei rose 2.5% to 15,500. Canon (CAJ) rose 4.5% to 5,600. Mitsubishi Motors rose 6.1% to 210. NEC (NIPNY) rose 3.4% to 522. Softbank rose 6.7% to 2640.

The Hang Seng was up 4.9% to 29,166. China Life (LFC) rose 6.6% to 45.75. China Mobile (CHL) rose 9.3% to 140.8. China Petroleum (SNP) rose 10.2% to 11.62.

The Shanghai Composite moved up 4.9% to 5,413.

Data from Reuters.

Douglas A. McIntyre