Asia's equities advance on China's data

Note: This section contains information in English only.
Source: Reuters
The majority of Asian shares inched higher on Monday after a government data from the world's second largest economy showed that inflation increased in November and as the Japanese Yen declined. The MSCI broadest Asia-Pacific gauge outside Japan advanced 0.5%, the South Korean Kospi gained 1% and Japan's benchmark Nikkei 225 rose 2.3%.

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Mon, 09 Dec 2013 09:08:05 GMT

China's inflation slows easing fears of policy tightening

Inflation in the world's second largest economy advanced in November, however, the pace of growth was slower than economists originally expected suggesting that the Bank of Japan may continue its aggressive bond-purchasing program. China's year-on-year consumer inflation eased from the highest level in eight months of 3.2% in October to 3% in the following month.

Fri, 06 Dec 2013 17:49:03 GMT

U.S. personal spending rises, personal income falls in October

Personal spending continued to increase in the world's largest economy together with a surprising drop of personal income in October, a report published by the Commerce Department showed on Friday. U.S. personal income fell 0.1% in October after recording a 0.5% gain in the previous month, while personal spending advanced to October's 0.3% after rising 0.2% in September.

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