Asia's shares rise on optimism over economic reforms in China

Source: Reuters
Asian equities inched up on Tuesday rising to the strongest level in two weeks amid optimism over Chinese biggest economic reform measures since 1990 and as the U.S. Dollar slipped on concerns that Fed may continue its stimulus. The MSCI broadest Asia-Pacific index outside Japan added 0.1% following Monday's advance of 1.4%.

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Tue, 19 Nov 2013 09:32:12 GMT

U.S. equities closed lower as Carl Icahn commented markets

Wall Street declined on Tuesday with the benchmark indexes S&P 500 and Nasdaq closing lower and the Dow Jones failing to close above a level of 16,000 after Carl Icahn commented the situation on global equity markets. The Standard & Poor's 500 Index slid 0.37% to 1,791.53, the Nasdaq Composite Index fell 0.93% to 3,949.07, while the Dow Jones industrial

Tue, 19 Nov 2013 07:40:03 GMT

U.S. Senate to nominate Janet Yellen this week

U.S. Senate Banking Committee plans to vote for a nomination of Janet Yellen as the new chairwoman of the Federal Reserve later this week. According to political experts' expectations, Democrats are going to vote for the nomination, while some Republicans oppose Yellen's plan to continue the bond-purchasing program, as the Fed's balance sheet has already reached almost $4 trillion.

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