China's economy struggles

Source: Reuters
© Scanpix/Associated press
The weekend data showed that the China's exports and domestic activity missed expectations in May, raising worries about the country's economic growth. At the same time, Premier Li Keqiang said the economy is stable and there are no problems with growth even though the evidence showed that the China's economy is struggling. The imports declined 0.3%, against the predicted 6% gain.
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Mon, 10 Jun 2013 07:44:12 GMT

Asian shares advance amid U.S. employment report

Asian shares increased, with the benchmark regional stock index heading towards the highest level in over six weeks, as data indicated the U.S. hired more employees than predicted. The MSCI Asia Pacific Index gained 1.5% to 132.29, the highest climb since April 24. Shares advance also as Japanese revised data showed its first-quarter economic growth.

Mon, 10 Jun 2013 07:11:08 GMT

Nikkei gains after solid U.S. employment data

Japanese stocks recovered on Monday as the global equities advanced and the U.S. employment data were solid; however, not good enough to raise concerns about scaling back the Fed's stimulus in the nearest time. The Nikkei average gained 3.7% after Friday's 2.8% loss, while the MSCI's broadest index stayed steady.

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