
Japan's Nikkei share average rose 0.3 per cent from a 4 1/2-month low hit the previous day while MSCI's broadest index of Asia-Pacific shares outside Japan put on a similar amount.
Helping calm investor nerves was data overnight showing the number of Americans filing new claims for jobless benefits fell to a 14-year low last week and industrial output rose sharply in September after a fall in the previous month.
The reports prompted a relief bounce in many risk assets that had been battered this week on worries about weakening global growth.
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