Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

The Weekend Is Over And Markets Are Higher

Mamta BadkarJun 2, 2014, 07:45 IST

REUTERS/Sukree Sukplang

Asian markets are up after China's official manufacturing PMI climbed to a five-month high of 50.8 in May.

The State Council in China also announced additional policy easing measures on May 30.

Premier Li Keqiang promised targeted reserve requirement ratio (RRR) cuts to support economic growth. This includes more targeted monetary and credit easing lower burdens on companies in China.

The Nikkei is up 1.7%
Australia's S&P/ASX 200 is up 0.2%
South Korea's KOSPI is up 0.5%

U.S. futures are flat and markets in China and Hong Kong are closed.