Fallout from the Brexit
German investors don't believe in a Brexit after Thursday's referendum in the UK. Stock indexes have rallied in midday trading, while Asian brokers remained extremely cautious as the vote got underway.
Tokyo markets surged over 7 percent despite official figures showing a last-quarter contraction in 2015. China's central bank announced measures to keep its currency stable and HSBC bank is to stay based in Britain.
Chinese shares have stumbled lower after January updates on the country's huge factory sector fell to their lowest since mid-2012, showing that too much capacity is chasing too little demand.
The French government has said it will go ahead with a 4-billion-euro share issue for state-controlled electricity firm EDF. The move will help finance the construction of two controversial nuclear reactors in the UK.
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