(MENAFN- Saudi Press Agency)
TOKYO, 16 Shawwal,1437 AH, 21 July,2016 , SPA -- Asian shares were higher Thursday as Japan's benchmark rose on hopes of Japanese government stimulus spending and better-than-expected earnings lifted Wall Street, AP reported.
Japan's benchmark Nikkei 225 added 0.8 percent to finish at 16,810.22. South Korea's Kospi slipped nearly 0.2 percent to 2,012.22. Hong Kong's Hang Seng edged up 1.0 percent to 22,104.86. The Shanghai Composite rose 0.4 percent to 3,039.58.
Japanese media reported the government may be considering a 20 trillion yen ($186 billion) fiscal stimulus package. That sent Japan's benchmark and the U.S. dollar higher against the yen. A cheap yen works as a plus for Japan's giant exporters.
The price of U.S. crude oil rose 27 cents to $46.02 per barrel. Brent crude, the international benchmark, rose 26 cents to $47.43 a barrel.
The euro rose slightly to $1.1034 from $1.1015, while the dollar rose to 107.23 yen from 106.01 yen.
-- SPA
10:33 LOCAL TIME 07:33 GMT
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