MikeLigalig.com

By: Danny McCord
Agence France-Presse

Asian shares rose Tuesday, following a lead from Wall Street after more upbeat US data, although a Franco-German meeting on ramping up plans to save the euro received a tepid response.

Tokyo gained 0.38 percent, or 31.91 points, to 8,422.26, Sydney added 1.14 percent, or 46.8 points, to 4,152.2 and Seoul jumped 1.46 percent, or 26.73 points, to 1,853.22.

Hong Kong closed 0.73 percent, or 138.56 points, higher at 19,004.28 and Shanghai soared 2.69 percent, or 59.85 points, to 2,285.74.

In the United States, data showed a 9.9 percent surge in consumer credit in November, the biggest increase in a decade.

Credit card spending was up 8.5 percent, while non-revolving loans, including university and automobile loans, jumped 107 percent.

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