Asian stocks mostly up

Note: This section contains information in English only.
Source: Marketwatch
Asian markets mostly climbed on Monday as European officials' achieved progress and eased investor worries about debt crisis. Hong Kong's Hang Seng Index advanced 1.1%, Japan's Nikkei Stock Average jumped 1.5% while South Korea's Kospi and Australia's S&P/ASX 200 index both gained 1.1%. China's Shanghai Composite was the only benchmark index that declined by 0.5%.

 

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Mon, 12 Dec 2011 07:35:31 GMT

Hang Seng Index climbs on European hopes

On Monday Hong Kong's Hang Seng Index gained 1.14% or 212.71 points and closed at 18,798.94. Hong Kong's benchmark was mainly fuelled by progress made during EU summit, bolstering investor hopes that crisis will be resolved. On the upside were Chinese banks listed in Hong Kong. Industrial & Commercial Bank of China Ltd. rallied 2.8%, Bank of China Ltd. ascended 2.5%, while HSBC Holdings PLC edged

Fri, 09 Dec 2011 17:32:55 GMT

US trade deficit contracts in October

The US trade deficit contracted in October for the fourth consecutive month, creating the smallest trade gap in current year, reported the Commerce Department. The country's trade deficit declined 1.6% in October reaching $43.5 bn. Analysts surveyed by Marketwatch previously predicted a deficit to be at $43.6 bn. In October both exports and imports fell, with imports declining at a faster pace. Imports dropped 1.0% to

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