Asian stocks rise on BOJ

Note: This section contains information in English only.
Source: Bloomberg
Asian shares advanced, prolonging last week's gain, as Japan's stocks rose amid speculation the next BOJ Governor will implement aggressive monetary easing. The MSCI Asia Pacific Index added 0.3% to 134 at 3:44 p.m. in Tokyo after increasing 0.5% last week. Japan's Topix Index climbed 1.8%, while the Nikkei 225 Stock Average advanced 2.3%, heading for the highest close since September 2008.
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Mon, 25 Feb 2013 11:32:04 GMT

China's manufacturing expands at a slower pace

Chinese manufacturing growth unexpectedly slowed in February as foreign orders declined and output expanded at a slower pace, clouding hopes of economic rebound in the beginning of 2013, according to data released by Markit Economics. The HSBC flash Manufacturing PMI fell to 50.4, the lowest level in 4 months, from 52.3 in January. The manufacturing output index declined to 50.9

Mon, 25 Feb 2013 11:10:48 GMT

Aussie declines as China's manufacturing expands at a slower pace

The Australian Dollar fell versus most of the major counterparts as preliminary data indicated China's manufacturing activity expands at a slower pace, clouding the outlook for Australia's exports. The Aussie fell 0.4% to $1.0278 as of 4:59 p.m. in Sydney. It fetched 97.73 yen, the strongest level since August 2008, before touching 96.81, 0.4% above the close on Friday. 

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