Asian shares rise from $1.1 trillion fall amid U.S. report

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Source: Bloomberg
© Scanpix\Reuters
Asian shares advanced, after the regional benchmark stock index erased a yearly increase yesterday . The U.S. economic report that came out better-than-expected and easing worries  that the Federal Reserve will scale back stimulus pushed equities higher. The MSCI Asia Pacific Index climbed 1.4% to 130.93, heading towards 0.4% rise this week. 
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Fri, 14 Jun 2013 09:18:12 GMT

Hong Kong shares bounce off

Hong Kong shares advanced, with the benchmark index bouncing off the lowest level in almost nine months, as U.S. economy topped expectations and analysts claim the Fed will leave interest rates unchanged. The Hang Seng Index gained 1.2% to 21,145.42 at 10:09 a.m., with almost all stocks climbing, while the Hang Seng China Enterprises Index jumped 1.2%.

Fri, 14 Jun 2013 10:05:26 GMT

U.S. shares climb amid economic data, stimulus speculation

U.S. shares rose, with the Standard & Poor's 500 Index climbing the most since January, amid better-than-expected economic report and bets the Federal reserve will provide plans to keep record low interest rates. The S&P 500 advanced 1.5% to 1,636.36 and the Dow  Jones Industrial Average gained 1.2% to 15,176.08.

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