China’s key stock market index has surged 5.3%, its biggest gain in eight weeks, as markets across Asia rose following Wall Street’s rebound, giving investors some relief after gut-wrenching global losses.

THE 2012 foreign investment harvest is starting to look pretty good.

US president-elect Barack Obama went straight to work today appointing his new government and studying some of the problems he will inherit when he takes office in 10 weeks.

Wall Street started the week with a mixed finish today as investors weighed up volatility in oil prices and new hope for the financial sector after Lehman Brothers posted results.