Asian shares advance after Abe's testimony

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Asian shares gained, bolstered by Japanese stocks, after Japan's Prime Minister Shinzo Abe stated the government will increase its sales tax; however, gains were limited as the U.S. government has its first partial shutdown in almost 20 years. The MSCI Asia Pacific Index added 0.3% to 138.96 at 2:37 p.m. Tokyo time and the gauge has climbed 6.4% in September.
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Tue, 01 Oct 2013 07:47:05 GMT

Europe's shares fall on situation in U.S.

European shares retreated the most in four weeks, reversing the best three months in last four years, as the U.S. experienced government shutdown for the first time in 17 years. The Stoxx Europe 600 Index dropped 0.6% to 310.46 at the end of trading, the biggest decline since August 30; however, the equity-benchmark has advanced 4.4% in September.

Tue, 01 Oct 2013 06:20:09 GMT

Canada's Dollar touches four-day high

The Canadian currency reached the highest level in four days after gross domestic product data showed growth in July, fueling the speculation that nation's economy is bouncing off from a slowdown in the second quarter. Canada's Dollar strengthened 0.3% to C$1.0275 per U.S. Dollar before reversing advances at the end of the day reaching C$1.0309 at 5 p.m. Toronto time.

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