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| Asian shares up on oil prices and US stock rally | Asian shares up on oil prices and US stock rally |
| (35 minutes later) | |
| Asian markets opened higher on Thursday, spurred by a rally on Wall Street and stronger commodity prices. | Asian markets opened higher on Thursday, spurred by a rally on Wall Street and stronger commodity prices. |
| US shares snapped a two-day losing streak overnight, rebounding from Tuesday's steep losses as the S&P 500 and Dow Jones rose nearly 2%. | US shares snapped a two-day losing streak overnight, rebounding from Tuesday's steep losses as the S&P 500 and Dow Jones rose nearly 2%. |
| Rising oil prices, along with an upward revision in US productivity data boosted sentiment among investors rattled by slowing growth in China. | Rising oil prices, along with an upward revision in US productivity data boosted sentiment among investors rattled by slowing growth in China. |
| Japan's benchmark Nikkei 225 index was up 1.8% to 18,412.2 in early trade. | Japan's benchmark Nikkei 225 index was up 1.8% to 18,412.2 in early trade. |
| Chinese markets are closed on Thursday and Friday for a holiday to commemorate the end of World War Two. | Chinese markets are closed on Thursday and Friday for a holiday to commemorate the end of World War Two. |
| In Australia, the S&P/ASX 200 was up 0.8% to 5,144.3 as resource and energy stocks rose to support the benchmark index. | In Australia, the S&P/ASX 200 was up 0.8% to 5,144.3 as resource and energy stocks rose to support the benchmark index. |
| Investors are also awaiting government data such as the trade balance and retail sales due out later in the morning session. | Investors are also awaiting government data such as the trade balance and retail sales due out later in the morning session. |
| In South Korea, shares were up after revised second quarter growth figures turned out to be in line with earlier estimates released in July. | |
| The economy grew a seasonally-adjusted 0.3% from April to June from the previous three-month period, while it expanded 2.2% from a year earlier. | The economy grew a seasonally-adjusted 0.3% from April to June from the previous three-month period, while it expanded 2.2% from a year earlier. |
| The benchmark Kospi index was higher by 0.8% at 1,929.6. | The benchmark Kospi index was higher by 0.8% at 1,929.6. |