Asian shares drop, halting 11-day gain, before Fed meeeting

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Source: Bloomerg
© Scanpix\Reuters
Asian shares declined, with the regional benchmark index halting an 11-day gain, as the U.S. and Russia discuss situation in Syria and investors expect the result of a Federal Reserve meeting in the following week. The MSCI Asia Pacific Index retreated 0.6% to 136.90, with Japanese Topix index jumping 0.1% and Taiwan's Taiex index falling 0.7%.
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Fri, 13 Sep 2013 11:29:04 GMT

Japanese industrial output advances 3.4% in July

Japanese industrial output in July jumped 3.4% on a monthly basis, while increasing 1.7% year-on-year, adding to the case that the economy in Japan is recovering at a faster pace. Japan's shipments from factories inched up 2.0% on a monthly basis and rose 1.4% from a year ago in July, while inventories rallied 1.6% compared to the June. 

Fri, 13 Sep 2013 10:19:03 GMT

European shares sink ahead of U.S. retail sales data

European shares decreased, cutting the Stoxx Europe 600 Index's second weekly advance, as investors anticipated data on retail sales from the U.S., while America and Russia discussed the situation in Syria. The Stoxx 600 plummeted 0.3% to 309.83, while the Standard & Poor's 500 Index futures maturing in December dropped 0.2% and the MSCI Asia Pacific Index slipped 0.6%.

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