Saturday, May 30, 2015Saturday, May 30, 2015

Asia shares climb on Friday after US jobs report

Published on Jul 4, 2014 12:34 PM

HONG KONG (AFP) - Asian markets rallied on Friday after the United States said its economy created more than a quarter of a million jobs in June, sending Wall Street to new records and boosting the dollar against the yen.

The better-than-expected US figures helped regional shares finish on an upbeat week on a high note as investors look ahead to the release next week of key Chinese indicators.

Tokyo rose 0.53 per cent, Hong Kong climbed 0.33 per cent, Sydney added 0.69 per cent, Seoul was 0.12 per cent higher and Shanghai was flat.

On Thursday the US Labor Department said the world's number one economy added 288,000 jobs last month, while the unemployment rate fell to 6.1 per cent from 6.3 per cent in May.

Enjoy 2 weeks of unlimited digital access to The Straits Times. Get your free access now!