Thursday, November 12, 2009

Asia offers Obama a warm welcome

Asian leaders welcomed the election of Barack Obama as the next president of the United States - as did the region's financial markets.

Some regional leaders said Mr Obama's victory in the US poll was the start of a new, more hopeful era.

Australian Prime Minister Kevin Rudd said the victory represented a message of hope not just for America, but for the rest of the world as well.

Many regional stock markets rose sharply on the news.

Hong Kong's Hang Seng index initially increased by 5.2% and Japan's Nikkei 225 stock average jumped by 4.5%.

Indonesia's pride

The Australian prime minister's hope that Mr Obama's victory would help solve pressing global problems was shared by other leaders in the Asia-Pacific region.READ MORE

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