Asia's stocks rise to 5-month high as Fed maintains stimulus

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Source: Bloomberg
© Scanpix/RS

Asian stocks increased on Monday pushing the local benchmark index to the strongest level in five months amid concerns that the Federal Reserve will maintain its bond buying program totaling $85 billion a month. The MSCI Asia Pacific Index gained 0.2% to 143.69 by 5:16 p.m. Tokyo time as two shares rose for each that dropped.


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Mon, 21 Oct 2013 11:22:03 GMT

WTI drops as inventories rise to 3-month high

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