Asian stocks rise on US spending data (AP)

By admin on August 30th, 2011

Doreen Mogavero, center, president and CEO of Mogavero Lee & Co., Inc., works in her company's booth on the floor of the New York Stock Exchange Monday, Aug. 29, 2011. Mogavero noted a number of traders came back to work early. 'It was important that the exchange operate normally, even if some people couldn't make it in.' (AP Photo/Richard Drew)AP – Asian-Pacific markets opened higher Tuesday, as investors took heart from strong consumer spending in the U.S. and a merger of two major banks in debt-stricken Greece.


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