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Monday, June 18, 2012

Asian markets, euro rally after Greece vote

Asian markets surged Monday and the euro rose after Greek pro-austerity parties won enough votes to form a government, but optimism it will stay in the eurozone was tempered with warnings the future remains uncertain.

Tokyo stocks jumped 1.89 percent, Hong Kong surged 1.55 percent by the break, Sydney was 1.90 percent higher and Seoul climbed 2.01 percent.

Shanghai added 0.69 percent, Wellington gained 0.10 percent and Taipei was up 1.98 percent.