Stocks in Asia and Japan rebounded for the second day on the back of a rally in New York. Nikkei 225 surged 2.06% or 263.72 to 13,092.78. December trade surplus of Japan fell 21% to 888 billion yen compared to last year. For the year 2007 annual exports rose 11.6% and imports gained 8.6%. Trade surplus in 2007 rose 37% from year ago. Realty, banks, and export sensitive stocks gained for the second day in a row. |