Asian equities gain most in a year as Fed retains monetary stimulus

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Source: Bloomberg
© Scanpix/AFP
Asian stocks advanced as the Fed surprisingly decided to maintain its level of monthly bond purchases, with the benchmark regional index rising to a one year high. The MSCI Asia Pacific Index added 2.2% to 141.73 at 6:59 p.m. Hong Kong time, while S&P's 500 Index futures gained 0.4%. Japan's Topix Index climbed 1.9% and Hong Kong's Hang Seng Index soared 1.7%.
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Thu, 19 Sep 2013 14:26:03 GMT

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Thu, 19 Sep 2013 13:39:04 GMT

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