SYDNEY, Nov 24 (Reuters) - Asian markets rallied on Monday with shares in Shanghai hitting three-year highs as the prospect of further policy stimulus in China and Europe whetted risk appetites globally while sending the euro skidding.
European shares are expected to open in negative territory on Monday with investors eyeing the outcome of nuclear negotiations with Iran and a meeting of major oil producers later this week.
A judge on Nov. 7 signed off on Detroit's plan to emerge from bankruptcy, but he didn't specify when that would happen. A specific date is expected to be discussed during a court hearing Monday.
Emerging-market stocks rose for a fifth day as China's unexpected interest-rate cut spurred the biggest rally in Hong Kong-traded mainland companies in a year.
In this photograph taken on Thursday, Nov. 20, 2014, bud tenders Maxwell Bradford, back left, and Emma Attolini display buds in the shape of Christmas trees that are on sale for the holiday season in a recreational marijuana shop in ... more >. By KRISTEN ...