Asian shares drop for third successive day

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Source: Bloomberg
© Scanpix/RS
Asian equities surged on Thursday rising for the third straight day as the local benchmark index is set to reach the longest rally in a month mainly due to an increase of health care companies and as Yen weakened. MCSI Asia Pacific Index advanced 0.2% to 139.25 at 5:15 p.m. Tokyo time following a 0.3% drop recorded earlier on the session.

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Thu, 10 Oct 2013 10:29:03 GMT

ECB and PBOC establish currency swap line

The European Central Bank and the People's Bank of China decided to establish a bilateral currency swap line helping to boost the international use of the Chinese Yuan and bolster an access to the Eurozone's finance trading. The currency swap line is valid for three years totaling 45 billion euros when the Euro is provided to the PBOC and 350

Thu, 10 Oct 2013 10:07:04 GMT

Brent rises amid political upheaval

Brent crude increased on Thursday trading session amid concerns that the level of oil production in Libya may fall amid political upheaval as the country's prime minister was detained and removed from Tripoli hotel. Brent for settlement in November gained $1.08 to $110.14 a barrel on the London's ICE Futures Europe Exchange and it was at $109.75 as of 9:50

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