Asian Markets: Nomura stems losses as stocks rebound


Asian stocks rebounded Tuesday, with Japan's Nikkei gaining 0.9 percent to close at 10,100 as the yen pulled back from an eight-month high against the dollar. This was a relief to investors who have watched the index plummet over the past two days, and may reinstill hope that the nation is continuing on the road to recovery.

Nomura Holdings Inc. (NRSCF) clawed back 4.4 percent after losing 21 percent over the past two days. This is the first time in 10 days that the financial services company has posted a gain. Electronics company Toshiba Corp. (TOSYY) also gained 2.9 percent after plunging sharply over the past two days.