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Japanese shares up first time in four days on US rally | |
(about 5 hours later) | |
Japan's Nikkei index closed higher for the first time in four days, spurred by a rally on Wall Street. | |
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%. |
An upward revision in US productivity data ahead of the jobs report on Friday boosted sentiment among investors rattled by slowing growth in China. | |
Japan's Nikkei 225 index closed up 0.5% to 18,182.39 - leading Asian gains. | |
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. |
Rest of Asia lower | |
In Australia, the S&P/ASX 200 index ended down 1.3% at 5,035.70. Shares in department store operator Myer Holdings dived 24% after it announced plans to raise 221m Australian dollars ($154m; £101m) through a rights issue. | |
In South Korea, shares closed flat after revised second quarter growth figures came out 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 finished at 1,915.53. |