Asia rises as Wall Street selloff stops, kiwi tumbles

Asian stocks gained early on Thursday after seeing Wall Street shares halt their selloff, while the New Zealand dollar tumbled to a five-year low after the Reserve Bank there cut its overnight cash rate. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.1 percent. Tokyo's Nikkei (.N225) added 1 percent while Australian shares gained 0.9 percent and South Korea's Kospi advanced 0.5 percent.

Asia rises as Wall Street selloff stops, kiwi tumbles source: http://finance.yahoo.com/news/asia-rises-wall-street-selloff-002654684.html