Asian stocks rally after Intel results

Asian stock markets rose sharply, powered by the news of rapid economic recovery in Singapore besides better-than-expected earnings from chip making giant Intel Corp. The index have rose to the highest levels in three weeks.Japan's Nikkei 225 stock average jumped 2.5 percent to 9,776.75 in broad gains. Morgan Stanley Index rose by 1 percent and has touched the level of 117 points.South Korea's Kospi added 1.2 percent to 1,756.63, and Australia's S&P/ASX 200 rose 1.4 percent to 4,443.500.