Fri, 01 Nov 2013 19:17:04 GMT
Asian economies gaining momentum on manufacturing gauge
Asian non-manufacturing index from China to South Korea strengthened on signs of economic recovery. China's PMI advanced to eighteen-month high and reached 55.4 point, comparing to 51.4 in September, surpassing economists' expectations, while GDP is estimated to grow 7.6% this year. Taiwan's PMI increased to 53 and Japan PMI rose to 54.2. High demand was also fueled by Fed monetary