Asia's stocks rise to 5-month high as Fed maintains stimulus

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Source: Bloomberg
© Scanpix/RS

Asian stocks increased on Monday pushing the local benchmark index to the strongest level in five months amid concerns that the Federal Reserve will maintain its bond buying program totaling $85 billion a month. The MSCI Asia Pacific Index gained 0.2% to 143.69 by 5:16 p.m. Tokyo time as two shares rose for each that dropped.


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Mon, 21 Oct 2013 11:22:03 GMT

WTI drops as inventories rise to 3-month high

West Texas Intermediate crude fluctuated on Monday after falling 1.2% last week before a report showed that inventories in the U.S., the world's largest oil consumer, advanced to the highest level in three months. WTI for settlement in November expiring tomorrow was traded at $100.66 a barrel on the NYMEX and it fell 15 cents as of 2:49 p.m. in

Mon, 21 Oct 2013 11:00:07 GMT

Emerging-market stocks drop as industrial companies fall

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