Asia stocks gain on iPhone 5 launch

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Source: Marketwatch
Asia stocks inched higher on Friday amid the launch of the newest iPhone supporting the telecom sector in the end of a rough week. The Hang Seng Index added 0.9% and the Shanghai Composite Index surged 0.3%. The Nikkei Stock Average advanced 0.3%, while the Kospi gained 0.5% and Australia's S&P 200 Index climbed 0.4%.
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Fri, 21 Sep 2012 10:31:14 GMT

Europe stocks climb on Spain bailout talk

European stocks advanced on Friday after the Financial Times posted a report saying that EU authorities are developing a new rescue program for Spain. The Stoxx Europe 600 surged 0.5% to 275.95, with gains in bank and energy sectors. The DAX 30 Index added 0.4% to 7,416.71. The CAC 40 Index climbed 0.7% to 3,532.55, while the FTSE 100 Index

Fri, 21 Sep 2012 10:09:12 GMT

Sugar rose as lower prices may attract new buyers

Farm commodities, excluding sugar, moved lower on Thursday, being pressured by broadly stronger US Dollar and escalated concerns that slowdown in China will cut global demand for agriculture. Wheat edged down on signs that slowdown in global economy is likely to weight down on demand for grains. Corn slumped on demand concerns. Limiting the downswing,  Brazil, the third largest global producer,

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