Asian stocks surge after FED confirmed asset purchases

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Source: Bloomberg
The MSCI Asia Pacific Index gained 2.3% to 123.75 on mid trading session in Tokyo on Friday. Index showed a positive performance for seven consecutive trading sessions and added 3.9% during this week, the best weekly result since December. Markets rally as Ben Bernanke said that the FED will buy bonds to stimulate the nation's economy and decrease the unemployment level.
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Fri, 14 Sep 2012 07:06:52 GMT

S&P upgraded South Korea's credit rating

One of the leading credit rating agency Standart & Poor's increased its long-term credit rating on South Korea. Agency changed rating to A+/AA from A/A+, also increasing county's outlook to stable. According S&P's representatives, new rating reflects reduced political or military confrontation risk in the Korean peninsula after leadership has changed in North Korea.

Fri, 14 Sep 2012 09:38:54 GMT

U.S. stocks advanced on Fed's stimulus

U.S. stocks advanced, pushing the Standard & Poor's 500 Index 500 to the highest level since 2007, as the Fed announced a third round of bond purchases, aka QE3. The S&P 500 rose 1.6% to 1.459.99, increasing for a third consecutive day and closing at the highest since 2007. The Dow Jones Industrial Average soared 206.51 points or 1.6% to

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