Asian shares gain amid U.S. debt ceiling talks

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Source: Reuters
Asian equities rose on Friday climbing to the strongest level in a three-week period as investors stayed optimistic after yesterday's progress in debt ceiling debates as U.S. lawmakers concern a short-term increase of the debt limit. The MSCI Asia-Pacific shares outside Japan advanced 1.2% touching the highest level since September 19.

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Fri, 11 Oct 2013 10:32:03 GMT

Chinese stocks increase as car sales rise

China's shares increased on Friday pushing the benchmark area index to the biggest weekly gain in one month after a report showed that car sales in the country exceeded forecast sending the SAIC Motor Corp., the nation's largest carmaker, to the highest level in four months. The Shanghai Composite Index added 1.7% to 2,228.15 at the close and it rose

Fri, 11 Oct 2013 10:10:03 GMT

Japan's M2 money stock is up 3.8% in September

Japan's M2 money stock stayed unchanged in the month of September matching economists' expectation, a data released by the Bank of Japan revealed on Friday. Japanese M2 money stock was up 3.8% worth 850.8 trillion yen in September, the same level recorded in the previous month, while the M3 money stock was up 3.1% worth 1,161 trillion yen.

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