Asian shares drop on Fed's continued stimulus

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Source: Reuters
© Scanpix/RS
Asian markets declined on Thursday, while Australian stocks remained steady after a two-day meeting of the Federal Reserve resulting in maintaining the bond-purchasing program until the end of the year at least. The MSCI Asia-Pacific outside Japan slipped 0.6%, the Shanghai Composite Index also slid 0.6% and the Australian gauge held unchanged.

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Thu, 31 Oct 2013 11:24:04 GMT

BoJ forecasts GDP growth and inflation for 2014

The Japanese gross domestic product growth was revised up for the fiscal year of 2014 starting in April together with raising the inflation target to almost 2% in two years, a report released by the nation's central bank showed on Thursday. According to the report Japan's economic growth is forecast to reach 1.5%, while the core consumer inflation rate is

Wed, 30 Oct 2013 17:34:05 GMT

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