BANGKOK (AP) - Investors seeking bargains helped push Japan's benchmark stock index higher today after plunging 3 percent the day before. Other Asian markets registered relief with slight gains.
The Nikkei has been on a rollercoaster ride since last Thursday, when it plummeted more than 7 percent after interest rates on the country's benchmark 10-year bond spiked to above 1 percent for the first time in a year.
Overall, however, the index has soared 37 percent this year, a show of investor support for Prime Minister Shinzo Abe and his aggressive policies aimed at reversing years of economic malaise and deflation.
Benchmark crude oil fell below $94 per barrel. The dollar rose against the euro and the yen.