Asian stocks rise on positive global outlook

Note: This section contains information in English only.
Source: Bloomberg
Asian shares advanced for a third consecutive day, with the regional benchmark index expanding an 18-month high, on signs that the world's economy is recovering. The MSCI Asia Pacific Index gained 0.9% to 135.30 at 2:02 p.m. in Tokyo following yesterday's close at the highest level since August 2011.Japan's Nikkei 225 Stock Average added 0.8% even after a record trade deficit in January.
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Wed, 20 Feb 2013 10:07:05 GMT

Gold dips despite hopes for strong demand from Asia

Precious metals apart from palladium retreated on Tuesday as investors cashed out from the market ahead of FOMC meeting minutes due on Wednesday. At the same time, broadly weaker US Dollar and speculation that the Fed is likely to prolong its easing measures restricted the downward trend. Gold dropped losing a buying spree from increased physical demand from Asia after the

Wed, 20 Feb 2013 11:45:04 GMT

Won rises as central bank Governor says no monetary easing needed

The South Korean Won advanced for a second straight day as the nation's central bank Governor Kim Choong Soo said that the country is expected to grow 2.8%, signalling further monetary stimulus are necessary now. The Won inched up 0.3% to 1,078.40 versus the U.S. Dollar at 10:35 a.m. in Seoul, with one-month implied volatility declining 21 basis points to

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