Asian stocks rise on U.S. jobless claims, China and Japan talks

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Source: Bloomberg
© Scanpix/FP
Asian stocks increased as jobless claims in the U.S. declined more than expected and Japan and China agreed to resolve a territorial dispute, which has impacted trade. The MSCI Asia Pacific Index rose 0.4% to 120.83. Hong Kong's Hang Seng gained 0.6%, China's Shanghai Composite Index and Australia's S&P/ASX 200 Index advanced 0.1%.  
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Fri, 12 Oct 2012 11:51:11 GMT

Industrial production in Eurozone rose more than expected

Eurostat reported in Friday that industrial production in Eurozone increased unexpectedly in September. Eurozone's industrial production grew to 0.6% on a seasonally adjusted basis, compared to a 0.6% growth in August. Analysts, however, expected that industrial production in Eurozone would fall by 0.4% last month.

Fri, 12 Oct 2012 10:10:11 GMT

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