Asian shares fall on favourable U.S. data signalling less stimulus

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Source: Reuters
Asian stocks declined on Monday falling to the lowest level in four weeks after a government data in the U.S. showed that payrolls rose more than expected in October raising concerns that the Federal Reserve may scale back its stimulus sooner that projected. The MSCI Asia-Pacific gauge outside Japan slid 0.2% to the weakest level since October 11, while Indonesian equities slipper 0.7%.

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Mon, 11 Nov 2013 09:18:04 GMT

Chinese shares fall as government reduces home prices

China's equities decreased on Monday dropping for the fourth straight session mainly due to a fall of energy and property companies amid concerns that the country's government may introduce measures to reduce rising home prices. The Shanghai Composite Index shed 0.2% to 2,102.09 by 1:12 p.m., the CSI 300 Index fell 0.2% to 2,304.36 and the Hang Seng China Enterprise

Mon, 11 Nov 2013 08:43:09 GMT

Japanese bank lending increases 2.3% in October

According the Bank of Japan data, the total lending of country's banks jumped 2.3% in October of this year, reaching almost 408 trillion yen. The result fully matched economists' expectations. It is worth pointing out that foreign banks' lending surged 8.1% to 2.298 trillion yen in October. Meanwhile, the lending amount in September was revised down from an increase of

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