Soaring Tokyo leads Asia rebound, Shanghai down on return

Japanese investors shrugged off an economic contraction to propel stocks more than 7% on February 15, 2016Japanese investors shrugged off an economic contraction to propel stocks more than seven percent on Monday, leading an Asia recovery after last week’s horror show, but another weak trade report reinforced fears over China’s outlook. Analysts said the latest round of dismal results will turn the focus on central banks to step up to the plate as the global economy is buffeted and markets suffer their worst start to a year in recent memory. The broad gains across the region came after a surge in New York and Europe on Friday fuelled by a rally in oil prices and bargain-buying.

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