Japan's shares fall as Abe increase sale-taxes

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Source: Bloomberg
© Scanpix/RS
Japanese stocks dropped on Wednesday pushing the local benchmark index down as investors weighed sale-tax hikes and a $51 billion monetary stimulus plan announced by the country's Prime Minister Shinzo Abe. Japanese Topix index decreased 1.5% to 1,175.16 at close in Tokyo following a 0.5% advance earlier on Wednesday trading session.

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Wed, 02 Oct 2013 09:29:03 GMT

European stocks slip after U.S. government shutdown

European shares dropped on Wednesday trading session following the biggest increase in three weeks recorded yesterday as investors weighed impact on the global economy after the U.S. government shut down partially for the first time in 17 years. The benchmark Stoxx Europe 600 Index fell 0.4% to 311.73 as of 8:08 a.m. London time.

Wed, 02 Oct 2013 09:03:03 GMT

German and Spanish bonds fluctuated before ECB meeting

German and Spanish government bonds were little changed on Wednesday before the European Central Bank announced the latest monetary policy decision about benchmark interest rates. Spanish benchmark 10-year yields were traded at 4.17% after touching its weakest level since May 9 at 4.10%, while the country's securities advanced 9.9% and German's fell 1.6%.

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