Asian stocks up on bargain-hunting | Bangkok Post: breakingnews

Asian markets rebounded on bargain-buying following recent heavy selling caused by the eurozone crisis, but trade would stay volatile as EU leaders send out mixed messages, analysts said.

A currency trader is pictured at his work-station at the Korea Exchange Bank in Seoul. Asian markets rebounded on bargain-buying on Tuesday following recent heavy selling caused by the eurozone crisis, but trade would stay volatile as EU leaders send out mixed messages, according to analysts.

The region's gains followed rallies in European markets and on Wall Street Monday after reports filtered through that a plan was emerging to stem a crisis that US President Barack Obama said was "scaring the world".