Nikkei rises amid announced stimulus programme of BOJ

Note: This section contains information in English only.
Source: Reuters
The Japanese Nikkei Stock Index edged higher on Monday's session hitting its highest level since September 2008, as the new governor of the Bank of Japan unveiled an unlimited monetary policy to fight against deflation. Japan's Nikkei closed up at 11,652.29 after reaching a 53-month high at the level of 11,767.68, however, gains were trimmed due to technical problems on the Osaka Securities Exchange.
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Tue, 05 Mar 2013 07:35:04 GMT

Aussie rises as RBA keeps key rate unchanged

The Australian Dollar advanced versus most of the major peers as the RBA refrained from cutting the benchmark interest rate and kept it unchanged at 3%. The Aussie gained as much as 0.4% to $1.0234 at 3:13 p.m. in Sydney from a day earlier, when it fetched $1.0115, the weakest level since July 12. The currency rose 0.1% to 95.42

Tue, 05 Mar 2013 06:22:04 GMT

Australia's retail sales drop for third straight month in December

Retail sales in Australia shrank for the third time in a row in the month of December, putting pressure on the central bank to loosen its monetary policy and pushing the Australian Dollar down. A report released by the Australian Bureau of Statistics showed a 0.2% decline in the last month of 2012 to A$21.42 billion ($22.3 billion), compared to

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