Fri, 23 Aug 2013 09:21:03 GMT
Asian shares gain, snapping weekly decline
Asian shares climbed, snapping the equity-benchmark index biggest one-week retreat in eight weeks, after strong data from Europe and U.S. that improved the confidence in the economic growth. The MSCI Asia Pacific Index rose 1% to 130.85 at 2:20 p.m. Hong Kong time. Japan's Topix index jumped 2%, while the Shanghai Composite Index slid 1.1%.