Asian stocks rise on positive data from China and US

Note: This section contains information in English only.
Source: Bloomberg
Asian shares advanced, with the regional benchmark index climbing to the highest in 18 months, as U.S. payrolls rose and China's service sector expanded at the quickest pace since August, increasing optimism in the world economic recovery. The MSCI Asia Pacific Index gained 0.9% to 133.90, Japan's Nikkei 225 Stock Average added 0.6% and Hong Kong's Hang Seng Index climbed 0.5%.
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Mon, 04 Feb 2013 11:22:03 GMT

Yuan falls to one-month low as central bank cuts reference rate

The Chinese Yuan fell to a one-month low as the nation's central bank cut the reference rate by 0.07% to 6.2860 per Dollar, increasing speculation policy makers protect the country's export versus a weak Yen. The Yuan declined 0.04% to 6.2294 per U.S. Dollar at 9:52 a.m. in Shanghai and touched 6.2304 per greenback, the lowest level since January 7. 

Mon, 04 Feb 2013 10:49:04 GMT

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