Asian economies gaining momentum on manufacturing gauge

Note: This section contains information in English only.
Source: Bloomberg
Asian non-manufacturing index from China to South Korea strengthened on signs of economic recovery. China's PMI advanced to eighteen-month high and reached 55.4 point, comparing to 51.4 in September, surpassing economists' expectations, while GDP is estimated to grow 7.6% this year. Taiwan's PMI increased to 53 and Japan PMI rose to 54.2. High demand was also fueled by Fed monetary stimulus extension.
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Mon, 04 Nov 2013 08:05:03 GMT

Asian shares slip before ECB policy meeting and payrolls

Asian equities traded lower on Monday as investors awaited result of a policy meeting of the European Central Bank and before a government report showed that payrolls in the U.S. declined last week. The MSCI Asia-Pacific index outside Japan was little changed at 478.58, while Australian gauge slipped 0.4% and South Korean index slid 0.6%.

Fri, 01 Nov 2013 19:06:03 GMT

British currency declines against U.S. Dollar on bets Fed will stop stimulus

The Pound depreciated 0.7% to $1.5933 as of 3:17 p.m. in London, following 1.4% decline this week versus the greenback, as signs of U.S. economic recovery provoked speculation the Fed will have to taper its monetary stimulus that lowers the currency value. Despite the fact that U.K. economy gradually expanding as well, it has no significant impact on the Pound's

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