Asian Market Update : Epic Research Malaysia

A sense of calm returned to Asian trading Thursday after weeks of China-fuelled volatility as a public holiday on the mainland allowed investors to focus on upbeat US data, helping push riskier assets higher.

A healthy run-up on Wall Street provided a perfect start for regional dealers ahead of the release of a crucial jobs report out of Washington on Friday.

However, the more upbeat mood came against a backdrop of a warning from the International Monetary Fund (IMF) that the recent turmoil from the China crisis was having a broader impact on the global economy.

Tokyo rose 1.4 per cent by lunch while Seoul added 0.46 per cent. There were also gains for Singapore and Taipei.

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