Loonie close to lowest level in two years

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
The Loonie was at the lowest level in almost two years after Canada's central bank released data that showed a drop in Canadian sales and investment optimism in the year's second quarter. The Canadian Dollar advanced 0.2% to C$1.0558 per U.S. Dollar as of 5 p.m. Toronto time, it reached C$1.0609 per U.S. Dollar last week, the lowest in almost two years.
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Tue, 09 Jul 2013 09:01:08 GMT

Japan stocks jump on exporters as Yen declines; Banks advance

Japan's stocks inched up, and the Topix index set for the highest level in six weeks, as overseas sellers increased on a lower Japanese Yen. Banks climbed on the data they may withstand an increase in interest rates. The Topix jumped 1.2% to 1,186.56, adding to signs the index rose 12% in three weeks, the biggest gain since April 2009.

Tue, 09 Jul 2013 08:37:06 GMT

Asian shares recover as Yen declines fuels Japan stocks

Asian shares advanced, and the regional equities gauge heading towards recovery from its largest fall in two weeks, as a declining Yen sent Japan's Topix index to the highest level in seven weeks and industrial companies increased. The MSCI Asia Pacific Index jumped 1.5% to 131.38, the biggest decline since June 24.

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