INQUIRER.net: Asian shares mostly up as US lawmakers near debt deal

INQUIRER.net Philippine News for Filipinos

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Asian shares mostly up as US lawmakers near debt deal Oct 15th 2013, 15:58 HONG KONG—Asian markets broadly rose on Tuesday as US lawmakers near a budget deal to reopen the government and raise the country's borrowing limit to avoid a catastrophic default.   With just days to go before Washington runs out of cash to pay its bills, Republicans and Democrats said they were close to an agreement to end a stand-off that has shut the government for two weeks.   Tokyo rose 0.26 percent, or 36.80 points, to 14,441.54, Sydney closed 0.98 percent, or 51.2 points, higher at 5,259.1 and Seoul ended 1.02 percent higher, adding 20.69 points to 2,040.96. In the afternoon Hong Kong was up 0.55 percent.   However, Shanghai eased 0.19 percent, ... Keep on reading: Asian shares mostly up as US lawmakers near debt deal Media files: asia-stocks-graphic1.jpg (image/jpeg)

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