{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-572d6a42.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-f4d0de30.css\" media=\"all\" /\u003e\n\u003cdiv data-title='Asian stocks extend global rally on economy hopes' data-url='/boclips/videos/5c54bc68d8eafeecae12c6bc' data-video-url='/boclips/videos/5c54bc68d8eafeecae12c6bc' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nAsian stocks extend global rally on economy hopes\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003eHong Kong1. Wide of Hong Kong Stock Exchange trading floor2. Wide of electronic share price display screen3. Wide of traders at desk4. Mid of traders at desk5. Mid of trader working on computer6. Close-up of electronic ticker7....\u003c/span\u003e\n\u003cspan class='full-description hide'\u003eHong Kong\u003cbr/\u003e1. Wide of Hong Kong Stock Exchange trading floor\u003cbr/\u003e2. Wide of electronic share price display screen\u003cbr/\u003e3. Wide of traders at desk\u003cbr/\u003e4. Mid of traders at desk\u003cbr/\u003e5. Mid of trader working on computer\u003cbr/\u003e6. Close-up of electronic ticker\u003cbr/\u003e7. SOUNDBITE: (English) Francis Lun, Managing Director, Lyncean Holdings:\u003cbr/\u003e\"China was the first one to announce that and then it shows the PMI (Purchasing Managers Index) Index rising above 50, which shows an expanding manufacturing sector. And of course, in Europe, we found the same trend, improving PMI, meaning that especially for Germany, the index is 51, which means the manufacturing activity is increasing.\"\u003cbr/\u003e8. Wide of Lun speaking\u003cbr/\u003e9. SOUNDBITE: (English) Francis Lun, Managing Director, Lyncean Holdings:\u003cbr/\u003e\"So I think investors take this as a hint that globally, the economy has emerged from the bottom. And so, stock markets rose because of that.\"\u003cbr/\u003eTokyo, Japan\u003cbr/\u003e10. Wide of Tokyo Stock Exchange floor\u003cbr/\u003e11. Close-up of Tokyo Stock Exchange logo\u003cbr/\u003e12. Close-up of worker on the trading floor\u003cbr/\u003e13. Pan of Stock Exchange\u003cbr/\u003e14. Mid of traders \u003cbr/\u003e15. Wide of Tokyo Stock Exchange\u003cbr/\u003e16. Wide of electronic board\u003cbr/\u003eSeoul, South Korea\u003cbr/\u003e17. Wide of KOSPI point on the stock board and computer monitors inside KRX (Korea Exchange)\u003cbr/\u003e18. Various of screens displaying share prices\u003cbr/\u003e19. Wide of Korean Stock Exchange\u003cbr/\u003e20. Close-up of screen showing KOSPI index\u003cbr/\u003e21. Various of display boards\u003cbr/\u003e22. Close-up of electronic ticker\u003cbr/\u003e23. Wide of stock board\u003cbr/\u003eTaipei, Taiwan\u003cbr/\u003e24. Wide of pedestrians passing by monitor screens outside a stock brokerage\u003cbr/\u003e25. Various of screens displaying stock prices\u003cbr/\u003e24. Various of market data on computer screen\u003cbr/\u003eAsian stocks extended a global rally on Thursday amid investor optimism that the U.S. economy may grow more than previously expected this year.\u003cbr/\u003eTokyo's Nikkei 225 rose 0.8 percent to 8,881.27 while Hong Kong's Hang Seng gained 1.2 percent to 20,585.44 and Seoul's Kospi added 1.4 percent to 1,985.82.\u003cbr/\u003eSigns of an improving U.S. economy have helped bolster trader sentiment.\u003cbr/\u003eFactories raised output in January by the most in seven months, according to the Institute for Supply Management's manufacturing index on Wednesday. \u003cbr/\u003eAnd the U.S. Commerce Department said construction spending rose 1.5 percent in December, the fifth straight monthly gain.\u003cbr/\u003eInvestors have also been cheered by growing optimism that contagion from a likely Greek debt default can be contained.\u003cbr/\u003eGlobal equities are advancing \"on hopes of the global economy gaining a solid footing and the banking sector continued to rally on the belief that Europe will avoid a catastrophe,\" IG Capital in Melbourne said in a report.\u003cbr/\u003eOn Wednesday, the Dow Jones industrial average closed up 0.7 percent at 12,716.46. The S\u0026amp;P added 0.9 percent to 1,324.09 while the Nasdaq composite index rose 1.2 percent to close at 2,848.27.\u003cbr/\u003eEuropean stock indexes also rose Wednesday. France's CAC-40 gained 2.1 percent while Britain's FTSE 100 rose 1.9 percent and Germany's DAX jumped 2.4 percent.\u003cbr/\u003eChina's benchmark Shanghai Composite Index climbed 0.2 percent to 2,272.99 on Thursday amid signs manufacturing improved in January for a second straight month.\u003cbr/\u003eShares in Singapore, Australia, Taiwan and New Zealand all gained ground.\u003cbr/\u003eFrancis Lun, the Managing Director of Lyncean Holdings said markets rose because investors believe the global economy has emerged from the bottom.\u003cbr/\u003e\"China was the first one to announce that and then it shows the PMI (Purchasing Managers Index) Index rising above 50, which shows an expanding manufacturing sector. And of course, in Europe, we found the same trend, improving PMI, meaning that especially for Germany, the index is 51, which means the manufacturing activity is increasing,\" Lun said.\u003cbr/\u003eEarly Thursday, the Tokyo Stock Exchange suspended trading in 241 securities, including Sony Corp. and Hitachi Ltd., due to a glitch in its electronic trading system. 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