iBankCoin
Joined Nov 11, 2007
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Asia Opens Higher in the Wake of Wall Street’s Momentum

“Most Asian stocks rose, pushing a regional equities index to its highest level in 17 months, after a gauge of U.S. manufacturing added to optimism that the outlook for economic growth is improving.

Rio Tinto Group, the world’s second-largest mining company, climbed 1.7 percent in Sydney as metals prices rose. Australian miner Aquarius Platinum Ltd. (AQP) soared 16 percent, the most in four years, amid speculation that South African supply of the metal will be lower during the first quarter. Samsung Electronics Co. fell 1.3 percent in Seoul after being named in a new patent- infringement complaint filed in Washington by InterDigital Inc. over technology related to the latest mobile-phone standards…”

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