South Pacific currencies advance against Yen

Note: This section contains information in English only.
Source: Bloomberg
Australia's and New Zealand's Dollars strengthened to the highest level against the Japanese Yen in more than 4 years as Japan's currency weakened on speculation policymakers will push the Yen down further to stimulate economic growth. The Australian Dollar advanced 1.4% to 94.79 yen yesterday and touched 95.02 yen, the highest since August 2008. The Kiwi rose 1.1% to 75.16 yen and fetched 75.38, the strongest since September 2008.
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Fri, 18 Jan 2013 11:25:03 GMT

China's equity advances on increased growth

The Shanghai Composite Index was higher by 1.4% to 2,317.07 points on the Asian trading session on Friday, extending the weekly gains to 3.3%. That was the largest weekly increase this year, as the domestic data showed better-than-expected economic growth in the fourth quarter. The GDP increased by 7.9% in Q4 and retail sales surged by 15.2% in December.

Fri, 18 Jan 2013 17:48:48 GMT

Asian stocks rise on positive data from US and China

Asian shares gained for the first time in 3 days as reports in the U.S. and China overshot economists' expectations and the Japanese Yen traded close to the lowest level in 30 months. The MSCI Asia Pacific Index advanced 1.1% to 134.64. China's Shanghai Composite Index rose 1.1% and Hong Kong's Hang Seng Index added 0.9%. 

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