China's stocks surge most in three months

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AP
The Shanghai Composite Index was increased by 2.9% to 2,031.91 points at the end of Asia trading session on Wednesday. That was the biggest gain of China's stocks in three months, as the government enable insurers to invest in banking sector companies and traders speculated about a possible increase in profit in construction and cement companies.
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Wed, 05 Dec 2012 15:01:35 GMT

European futures gain before economic data

The Euro Stoxx 50 Index futures, which expiring this month, were 0.8% higher to 2.607 points in the very beginning of London trading session on Wednesday. That is the third day as the index increases, but despite the positive sentiments, traders are waiting economic data from the U.S. and Europe, which will determine further market direction.

Wed, 05 Dec 2012 14:39:36 GMT

U.S. markets falls on concerns about the U.S. budget

The S&P 500 index felt by 0.2% to 1,407.05 points and the DJIA lost 0.1% to 12,951.78 points in the end of New York trading session on Tuesday. Equities markets edged lower on investors concerns about the U.S. budget for 2013. The main disagreement between Congress and Barack Obama was the U.S. President's position about increasing tax rates for the

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