Markets in Asia were up sharply.

The Nikkei rose 2% to 12,829. Honda (HMC) rose 3.3% to 3010. NEC rose 4.1% to 411.

The Hang Seng rose 10.7% to 24,090. China Life (LFC) rose 15.8% to 31.95. Petrochina (PTR) rose 17.5% to 11.30.

The Shanghai Composite was up 3.1% to 4,702.

Data from Reuters.

Douglas A. McIntyre