Asian stocks gain as U.S. government shutdown may be short-lived

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Source: Reuters
© Scanpix/FP
The majority of Asian shares were traded higher on Wednesday trading session as investors expect the first partial shutdown of the U.S. government in 17 years will be short-lived with no broader impact on the global economy. Korean stocks were traded 0.4% higher, Indonesian shares advanced 1.2%, while China's markets remain closed until Tuesday for national holiday.

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Wed, 02 Oct 2013 07:17:04 GMT

U.S. stocks rise as government shutdown seen short-lived

U.S. shares gained on Wednesday started a new month and a new quarter with increase on Tuesday as investors appeared confident that the U.S. government partial shutdown, first in 17 years, would be short-lived. Trading volume on the New York Stock Exchange stayed below average, when it totaled 6 billion shares as all major stock indexes rose.

Wed, 02 Oct 2013 05:47:03 GMT

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