Asian shares fell as Fed cuts its stimulus

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Source: Reuters
Asian stocks declined on Thursday trading session after emerging markets increased yesterday as the Turkish national bank raised its interest rates and the U.S. Federal Reserve cut its stimulus measures as the economy improves. The MSCI broadest Asia-Pacific gauge outside Japan dropped 0.6%, the Shanghai Composite Index lost 0.5% and the Japan's Nikkei fell 2.7% to its 2-month low.

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Thu, 30 Jan 2014 08:29:09 GMT

Wall Street shares drop as Fed scales back

U.S. shares closed lower on Wednesday trading session with the benchmark stock indexes reaching the session low after falling by more than 1% as the U.S. Federal Reserve trimmed its bond purchases despite the fact that emerging markets are struggling. The Dow Jones industrial average lost 1.19% to 15,738.79, the Standard & Poor's 500 Index fell 1.02% to 1,774.20 and

Wed, 29 Jan 2014 15:39:05 GMT

Japanese shares advance as weaker Yen fuels Topix rebound

Japanese shares gained, with the regional Topix index climbing the most in approximately five months and bouncing off after declining four days, as the Japanese Yen slipped versus the greenback. The Topix added 2.6% to 1,256.18 in Tokyo, the biggest advance since September 3. The Nikkei 225 Stock Average rose 2.7% to 15,383.91, while the Yen depreciated 0.4% to 103.34

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