India and UAE open new bilateral negotiations
12th November 2012
Asian stock markets were mostly higher today with shares in Sydney and Tokyo erasing early losses and airlines gaining after oil prices retreated from multiyear highs. Airlines, hard-hit by the recent oil-price surge, were mostly higher around the region. Seoul-listed Korean Air Lines added 4.1%, Hong Kong’s Cathay Pacific tacked on 4.0%, Australia’s Qantas rose 1.7%, Tokyo-listed All Nippon Airways was up 0.3% and Thai Airways gained 2.1%. Malaysian low cost carrier AirAsia jumped 6.0%.