After opening lower, the Nikkei rebounds, rising 0.86% in Tokyo led by a rally in shares of...

|By:, SA News Editor

After opening lower, the Nikkei rebounds, rising 0.86% in Tokyo led by a rally in shares of steel producers. Automaker Mitsubishi Motors (MMTOF.PK) and farm equipment manufacturer Kubota (KUB) lag. Meanwhile, Chinese and South Korean shares rally 1.5% and 1% respectively, while the ASX rises 0.44% in Australia.