Asia shares rise on earnings news, dollar slides ยป financialsurfer.com

Asia shares rise on earnings news, dollar slides

October 23rd, 2009 | Category: Industry News
By Susan Fenton HONG KONG (Reuters) - Asian shares rose on Friday as investors were encouraged by upbeat earnings reports from the United States and Asia while the dollar resumed a broad slide after a Fed official indicated U.S. rates would remain low. European stock futures gained 1 percent while U.S. equity futures edged up 0.2 percent. The British pound hit its highest level in a month against the dollar at $1.6679 at one point…

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