<!– google_ad_section_start –> BANGKOK (AP) — Asian stock markets staged a modest recovery Wednesday, boosted by strong data releases that portray a U.S. economy on the upswing. New home sales, bigger factory orders and rising consumer confidence helped allay fears about state of the U.S. economy, the world’s biggest. The data came on the heels of comments by China’s central bank that eased fears of a credit crunch in the world’s No. 2 economy.
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Asia stocks up on data showing stronger US economy