China stocks lead a rise in Asia markets

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/FP
Chinese stocks jumped to lead an upbeat in Asian markets, after the central bank made a record cash injection into the financial system. On Thursday, the Shanghai Composite surged 2.9%, and the Hang Seng Index advanced 1.2%. Meanwhile, The Nikkei Stock Average and Australia S&P 200 Index both rose 0.5%, and Kospi inched 0.4% up.
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Thu, 27 Sep 2012 12:43:31 GMT

Dollar falls versus most peers on stronger Asia stocks

The U.S. Dollar slipped versus most major peers as Asian stocks prolonged rise, cutting demand for haven assets. On Thursday, the greenback dropped 0.1% to $1.2888 per Euro. It was at 77.70 Yen from 77.75 on Wednesday, when it reached 77.59, the least since Sept. 14. The Aussie added 0.4% to $1.0414.

Thu, 27 Sep 2012 10:06:30 GMT

Oil rebounds as recent drops seen exaggerated

Oil rebounded from a two-month low close as traders speculated that earlier declines were exaggerated. Futures gained 0.6% in New York after sliding to almost technical-support levels. November-delivery oil surged 57 cents to $90.55 per barrel and traded at $90.36. Brent oil for the same month added 0.3% to $110.41 per barrel in London.

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