Asian stocks fall as Japan's shares hit 4-week low

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Source: Reuters
© Scanpix/RS
Asian shares slipped on Friday trading session with the gauge of Japan's stocks hitting the weakest level in four weeks amid concerns that lack of improvement about debt ceiling debate may cause in an unprecedented default of the U.S. economy. MSCI's broadest Asia-Pacific Index fell 0.1%, while South Korean's shares declined 0.1% despite a 0.5% gain of Samsung Electronics Co Ltd. 

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Fri, 04 Oct 2013 07:50:24 GMT

Euro trades near 8-month high after Eurozone's data

The 17-nation bloc currency strengthened earlier on Friday after a data showed that the Eurozone's retail sales advanced by more than economists preliminary projected in September and as Barack Obama and the U.S. Congress representatives failed to find an agreement about a new budget. The shared currency was traded at $1.36255, near the highest level in 8 months at $1.36465.

Thu, 03 Oct 2013 18:34:04 GMT

Russian service sector eased in September

Service sector activity in Russia accelerated at a slower rate in September than the month before despite a sharp advance in demand in restaurants and hotels sector, a report published by the Markit Economics revealed on Thursday. According to the report the service sector purchasing managers' index recorded 51.5 points in September, down from 51.8 in August.

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