Asian stocks advance on Japan stimulus measures

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Asian stocks advanced, with benchmark regional index poising for the second weekly rise, as Japan approved stimulus and the nation's industrial output unexpectedly increased. The MSCI Asia Pacific Index rose 0.5% to 124.81 at 2 p.m. Tokyo time. Japan's Nikkei 225 Stock Average gained 0.9% today as Japan's cabinet approved stimulus worth 880 billion yen.  
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Fri, 30 Nov 2012 07:56:23 GMT

Japan's industrial output unexpectedly increases in Ocotber

Japan's industrial output unexpectedly increased on production of parts for electronic devices including Apple's iPhone. Factory output rose 1.8% in October from a month earlier, when in declined 4.1%, according to data released by the Trade Ministry today in Tokyo. Economists estimated a 2% fall. Production of electronic devices increased 14.7% from September, the biggest rise since 1998. 

Fri, 30 Nov 2012 09:10:23 GMT

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