Loonie rises versus most of its peers amid higher building permits

Source: Bloomberg
© Scanpix/FP
The Canadian Dollar increased against the majority of its most-traded peers on Tuesday after a report showed that building permits in the country advanced by more than preliminary estimated in March. The so-called Loonie was traded 0.1% higher at C$1.0068 per U.S. Dollar as of 5:00 p.m. Tokyo time and one Canadian Dollar buys 99.33 U.S. cents.

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Tue, 07 May 2013 10:07:06 GMT

Emerging-market stocks rise to 7-week high

Emerging-market shares increased on Tuesday to the highest level in seven weeks as the climb was led by materials and industrial companies, while Malaysian stocks advanced for the second straight day as new prime minister was elected. The MSCI Emerging Market Index gained 0.1% to 1,047.51 at 1:08 p.m. Hong Kong time set to close at the highest since March 14.

Tue, 07 May 2013 09:56:04 GMT

Asian stocks rise as RBA lowers interest rate

Asian shares gained for the second straight day on Tuesday as the Japanese benchmark index Topix erased losses since 2008's Lehman Brothers collapse and as the Reserve Bank of Australia lowered the benchmark cash-rate by 0.25% and the ECB will cut the interest rate in case there will be no signs of improvement in the economy. The MSCI Asia Pacific jumped

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