News Snapshot:
Japan (NKY:IND) +2.89%. The Nikkei 225 Index surged to close at 37,964 while the broader Topix Index jumped 2.12% to 2,612 in post-holiday trade on Tuesday, with Japanese shares scaling their highest levels in 34 years amid a strong rally in technology stocks. Japan PPI January 0.0% m/m (expected +0.1%). China (SHCOMP) markets closed. Markets in key trade partner China are closed this week for the Spring Festival. Hong Kong (HSI) markets closed. India (SENSEX) +0.46%. Australia (AS51) -0.15%. Australian January Business Confidence -1 (prior 0). Australian monthly consumer confidence +6.2% m/m (prior -1.3%) and comes in at 82.6 vs...