Asian markets rebound after sell-off

Asian markets rebounded on Friday after the previous day’s huge sell-off, with dealers picking up bargains in Tokyo, helped by a Wall Street rally and upbeat US data.

The dollar slipped after enjoying a bright start, however, which in turn pared early gains for Japan’s Nikkei index, with fears over a possible end to central bank monetary easing continuing to drag on sentiment.

Tokyo rose 2.27 per cent after slumping 6.35 per cent on Thursday. It had started the day 3.57 per cent higher.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1260622/asian-markets-rebound-after-sell