Asia Stock Markets Rise On Hopes Of China Stimulus

2 economy is deepening, J.P. Morgans chief China economist Haibin Zhu said in a report. Beijing will likely introduce a series of pro-growth measures focusing on accelerating fiscal spending on infrastructure and reforms, the report said. Tokyos Nikkei 225, the regional heavyweight, rose 1.8 percent to 14,475.30 after a three-day long weekend. Hong Kongs Hang Seng gained 1.9 percent to 21,846.45 and Chinas Shanghai Composite Index widened gains after the release of the manufacturing survey, rising 0.9 percent to 2,066.68.







Goldman Sachs Endorses IEX Stock Market Built to Fight Predators





Goldmans Help Support from New York-based Goldman Sachs could help. It generated $7.17 billion in revenue from equity trading in 2013, excluding accounting charges, the most of any global bank. IEX doesnt pay rebates to traders, shirking a practice known as maker-taker that IntercontinentalExchange Group Inc., Nasdaq OMX Group Inc. and Bats Global Markets Inc. use to spur transactions on some of their exchanges. Critics say maker-taker spurs needless trades and encourages brokers to put their own desire to receive rebates ahead of their duty to get the best prices for clients.