Asian shares rise, crude oil rebounds

December 24, 2015 09:05

Asian shares were higher in early Asian trade on Thursday, heartened by gains on Wall Street and a recovery in crude oil prices in thin trading ahead of this week's Christmas holiday.

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was up 0.4 percent, after Wall Street logged its third straight session of gains.

US crude futures CLc1 were up 0.9 percent at $37.83 a barrel. Both U.S. crude and Brent crude futures LCOc1 added more than a dollar a barrel on Wednesday in thin trading, a day after Brent had touched its lowest level since July 2004.

Japan's Nikkei .N225 rose 0.9 percent, catching up to gains after Japanese markets were closed on Wednesday for the Emperor's birthday.

« Back to LIVE

TOP STORIES

In Pictures - Classic Kohli, Patidar power RCB to 241/7 vs PBKS

IMAGES from the IPL match between Punjab Kings and Royal Challengers Bengaluru played in Dharamsala on Thursday

TMC 'stings' BJP over Sandeshkhali, moves EC with video

TMC's Rajya Sabha MP Sagarika Ghose submitted a letter to the Election Commission on Thursday.

Air India Express cabin crew call off strike; no sacking of staffers

Both parties will discuss the issues and there will be a meeting again on May 28, he said.

GT coach backs skipper Gill despite runs woes

Purist Kirsten wants balance between bat and ball; backs under-pressure Gill

Population rise not religion-linked, Muslim fertility rate lowest: NGO

In a statement, the Population Foundation of India said it is deeply concerned about recent media reports "misreporting" the findings from the study to spread alarm regarding the growth of the Muslim population in the country.