Asia's stocks gain as S&P 500 reached new record

Source: Reuters
Asian equities increased on Wednesday trading session with the benchmark stock index reaching the highest level in one year as risk appetite of investors rose after the U.S. stock index Standard & Poor's 500 reached another record high on favourable data. The MSCI Asia-Pacific gauge outside Japan added 0.6% to 490.15, the most in a year.

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Wed, 28 May 2014 08:13:03 GMT

Wall Street stocks increase on U.S. data

U.S. shares advanced on Tuesday with the benchmark index Standard & Poor's 500 closing at its new record high after a government report showed that consumer confidence in the country increased and as the Fed officials committed to support the local economy. The S&P 500 added as much as 0.6% to 1,911.91 and the Dow Jones industrial average gained 0.42%.

Tue, 27 May 2014 10:34:05 GMT

Corn falls to lowest since March on dry weather in U.S.

Corn declined on Tuesday falling towards the lowest level in nearly two months amid speculation that planting was accelerated by farmers as warm and dry weather hit the U.S., the world's largest exporter of the commodity. Corn for delivery in July lost 1.5% to $4.7075 per bushel on the CBOT and was last seen at $4.7125 by 2:23 p.m. Singapore

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