Asian stocks gain as sell-off in emerging markets stopped

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Source: Reuters
The majority of Asian shares increased on Monday trading session adding to their last week's rally amid speculation that sell-off in emerging markets may have come to an end pushing the safe-haven assets lower. The MSCI Asia-Pacific gauge outside Japan added 0.7% extending its gain to 6% in the last eight sessions, while Indonesia's and Philippines' indexes surged 0.8%.

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Mon, 17 Feb 2014 09:19:44 GMT

Japan's shares gain despite disappointing GDP data

Japanese shares advanced on Monday session pushing the region's benchmark index higher together with firmer country's currency after data showed that gross domestic product 0.3% in the last quarter compared to forecast level of 0.7%. The Nikkei 225 index added 0.5%, while disappointing reports may keep pressure on the BoJ to support the economy with further easing.

Mon, 17 Feb 2014 09:19:23 GMT

Japanese economy expands less than forecasted

Economic growth in Japan was only 0.3% in the last quarter of 2013, the preliminary data showed on Monday. Moreover, the expansion pace for July-September quarter was revised down from 0.5% to 0.3%. Analysts expected a 0.7% GDP rise in Q4. On the annual basis, Japanese economy jumped 1%, however, analysts predicted a much stronger pace of increase – by

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