Japanese stocks gain as yen eases and China's manufacturing grows

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/reuters

Japan equities inched up after the weakening of national currency and positive data on China's manufacturing expansion. The Nikkei 225 surged 0.2 percent to 8,946.87 by 3 p.m. in Tokyo, rebounding from a 0.6 percent fall. The Topix index advanced 0.1 per cent to 743.32. Construction machinery producer Komatsu Ltd. increased 3.1 per cent, while Nippon Meat Packers Inc. jumped 13 percent.

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Thu, 01 Nov 2012 09:43:03 GMT

Asian currencies close to 8-months high on China's and South Korea's positive data

Asian currencies traded near the highest level in 8 months as data showed China's manufacturing improved and South Korea's exports increased fro the first time in 4 months. Taiwan's Dollar gained 0.1% to NT$29.227 versus the U.S. Dollar. India's Rupee advanced 0.1% to 53.765 and South Korea's Won was at 1090.43 compared to 1090.70 yesterday. Indonesia's rupiah declined the most in 3 weeks, falling

Fri, 02 Nov 2012 09:39:49 GMT

Retail sales in Germany gained more than expected

Destatis reported on Wednesday that Germany's retail sales grew more than expected in September. Retail sales advanced by 1.5% on a seasonally adjusted basis last month, compared to a revised down figure of 0.1% in the preceding month. Economists, however, expected a more moderate increase of 0.3%.

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