Yuan rises as Bernanke defends QE

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
The Chinese Yuan strengthened for a fourth straight day as the Fed Chairman Ben S. Bernanke defended the bank's highly accommodative monetary policy that increases supply of U.S. Dollars, boosting demand for emerging-market assets. The currency rose 0.04% to 6.2272 per greenback at 9:56 a.m. in Shanghai. It fetched 6.2269 earlier, the highest level since February 8.
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Wed, 27 Feb 2013 09:35:04 GMT

Asian stocks advance, while Japan's shares fall

Asian shares excluding Japan rose as U.S. consumer confidence and housing data overshot expectations. Japan's stocks declined as the Yen gained before Italy's bond sale. The MSCI Asia Pacific Excluding Japan Index added 0.6% to 476.05, while the broader MSCI Asia Pacific Index falling 0.3% to 133.10. Japan's Nikkei 225 Stock Average slid 1.3%, whereas Australia's S&P/ASX 200 Index jumped

Wed, 27 Feb 2013 09:14:05 GMT

Won gains as current account surplus widens and consumer confidence at 9-month high

The Korean Won rose for the first time this week as the nation's current-account surplus expanded to $2.25 billion in January from $2.14 billion a month earlier and consumer confidence reached the highest level since May 2012. The Won gained 0.1% to 1,086.45 versus the U.S. Dollar at 10:24 a.m. in Seoul. One-month implied volatility fell 0.07 percentage point to

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