Asia's stocks drop on further BoJ easing

Note: This section contains information in English only.
Source: Reuters
Asian equities declined on Tuesday falling below the 50-day average after batch of favourable economic data suggested that the Federal Reserve may scale back its monetary easing soon and as Japan's Yen slipped on further Bank of Japan's stimulus. The MSCI broadest Asia-Pacific Index outside Japan slid 0.6%, while Yen reached the weakest level in 6-months against the U.S. Dollar at 103.38.

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Tue, 03 Dec 2013 09:41:06 GMT

U.S. equities fall after rallying 8 straight weeks

Wall Street shares inched lower on Monday as investors stopped buying stocks after eight successive weeks of rallying and as the U.S. mining sector equities dropped together with a notable fall in precious metals. The Dow Jones industrial average shed 0.48% to 16,008.77, the Standard & Poor's slipped 0.27% to 1,800.90 and the Nasdaq Composite Index decreased 0.36% to 4,045.26.

Mon, 02 Dec 2013 18:12:05 GMT

American manufacturing registers activity increase

The manufacturing sector in the U.S. continued to expand in November of this year, as the benchmark PMI Index, which shows the level of activity, surged to 57.3 points. At the same time, analysts predicted the index to slump to 55.1 points from 56.4 in October. Currently, the manufacturing sector accounts for 12% of country's economy. Nowadays, this sector shows

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