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| Version 2 | Version 3 |
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| Japan's shares in biggest one-day jump since 2008 | Japan's shares in biggest one-day jump since 2008 |
| (about 1 hour later) | |
| Japan's Nikkei surged almost 8% on Wednesday in its biggest one-day jump since late 2008. | Japan's Nikkei surged almost 8% on Wednesday in its biggest one-day jump since late 2008. |
| The benchmark index closed up 7.71% at 18,770.51 points. A day earlier, the index saw all the gains it had made this year wiped out. | The benchmark index closed up 7.71% at 18,770.51 points. A day earlier, the index saw all the gains it had made this year wiped out. |
| Remarks by newly re-elected prime minister Abe suggesting company tax cuts were on the way helped the mood. | Remarks by newly re-elected prime minister Abe suggesting company tax cuts were on the way helped the mood. |
| Also positive were Tuesday's rebound for US shares and an improving Chinese share market. | Also positive were Tuesday's rebound for US shares and an improving Chinese share market. |
| Investor sentiment was up across the rest of Asia. | Investor sentiment was up across the rest of Asia. |
| Hang Seng jumps over 4% | |
| Tuesday's weak economic data from China has also raised hopes of more stimulus for that economy and its markets. | Tuesday's weak economic data from China has also raised hopes of more stimulus for that economy and its markets. |
| Hong Kong's benchmark Hang Seng index finished up 4.1% at 22,131.31 - marking its biggest one-day percentage gain in almost four years. | |
| The Chinese government said on Wednesday that it would strengthen fiscal policy, boost infrastructure spending and speed up reform of its tax system to support the economy. | |
| On the mainland, the Shanghai Composite closed up 2.3% at 3,243.09 - moving into positive territory for the year. | |
| In Australia, the S&P/ASX 200 closed up 2.07% at 5,221.10, taking its lead from US markets. | |
| Analysts said resource and commodity shares, together with some of the big bank stocks, had buoyed the Australian index. | Analysts said resource and commodity shares, together with some of the big bank stocks, had buoyed the Australian index. |
| Numbers out on Wednesday showed consumer confidence slid in September which led to revived hopes of another rate cut by the Reserve Bank of Australia. | Numbers out on Wednesday showed consumer confidence slid in September which led to revived hopes of another rate cut by the Reserve Bank of Australia. |
| South Korea's Kospi benchmark index also closed up 2.96% at 1,934.20 points. Official data released on Wednesday showed the country's latest unemployment figures for August sitting at their lowest since January this year. | South Korea's Kospi benchmark index also closed up 2.96% at 1,934.20 points. Official data released on Wednesday showed the country's latest unemployment figures for August sitting at their lowest since January this year. |
| 'Sea of green' | 'Sea of green' |
| Chris Weston from IG Markets said it would be a good news day for markets and that there was a "sea of green on screen in risk associated assets". | Chris Weston from IG Markets said it would be a good news day for markets and that there was a "sea of green on screen in risk associated assets". |
| "This pick-up in sentiment once again started from a nice move higher in S&P futures during Asia, helped on by some really bullish flow in the Chinese markets," he said in a note. | "This pick-up in sentiment once again started from a nice move higher in S&P futures during Asia, helped on by some really bullish flow in the Chinese markets," he said in a note. |
| "Specifically, the H-shares (Chinese dual-listed companies trading in Hong Kong) had its best day [on Tuesday] in months," he added. | "Specifically, the H-shares (Chinese dual-listed companies trading in Hong Kong) had its best day [on Tuesday] in months," he added. |
| "In the Chinese mainland, there has been some focus on headlines on a 50% reduction in personal income tax dividends for larger shareholders, with the idea being to move the market away from short-term and focus on the longer-term." | "In the Chinese mainland, there has been some focus on headlines on a 50% reduction in personal income tax dividends for larger shareholders, with the idea being to move the market away from short-term and focus on the longer-term." |