Asian stocks near 6-week highs, cool to China data (Reuters)

Reuters – Asian stocks hovered near six-week highs on Wednesday as Chinese data showed exports and imports in February were better than expected, while the euro and the pound suffered on renewed concerns about Europe’s fiscal problems.

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Bailed-out U.S. financial stocks surge
NEW YORK (Reuters) – The shares of companies bailed out by the U.S. government during the financial crisis surged on Tuesday, fueled by speculation about money-making asset sales, cheap valuations and a recovery.