Japanese equities rise as Yen drops versus U.S. Dollar on strong retail sales

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Source: Reuters
Japan's shares increased on Friday with the benchmark local index Nikkei ending its three-day decline as the country's currency reached the lowest level in five years versus the U.S. Dollar after a government data showed that retail sales in the U.S. expanded. The Nikkei 225 added 0.4% to 15,403.11, while the Topix index dropped 0.3% to 1,238.88.

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Fri, 13 Dec 2013 11:23:03 GMT

World-equity index drops as retail sales' growth accelerates

Global shares declined on Friday session with the world-stock index heading towards the biggest two-day fall in six months as the U.S. Dollar increased to the strongest level in five years versus the Yen after retail sales accelerated suggesting that the Federal Reserve may curb its stimulus. The MSCI world stock index decreased 2.5% in the last two weeks and

Thu, 12 Dec 2013 17:21:06 GMT

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