Honda Recall Adds to Japanese Auto Industry Woes, Big Boost for Chinese Carmakers

Shares in Asia closed higher Wednesday as plans to rescue Greece emerged. In China, the Shanghai Composite Index rose 1.1% to 2,983 and in Hong Kong, the Hang Seng Index added 0.7% to close at 19,922. Japan's Nikkei 225 Index ended the day at 9,964 -- up 0.3%.