Asian stocks rally on China's announcement

Note: This section contains information in English only.
Source: Marketwatch
Asian markets appreciated sharply on Wednesday as investors anticipated news China may step in and invest in European bailout funds to support its biggest export region. Japanese Nikkei Stock Average rocketed 2.3%, Hong Kong's Hang Seng Index climbed 2.1% and Shanghai Composite Index added 0.9%. South Korean Kospi advanced 1.1% and Australia's S&P/ASX 200 index surged 0.2%.
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Wed, 15 Feb 2012 11:28:42 GMT

US stocks pare most of losses in choppy session

US shares swung between gains and losses on Tuesday as nation's retail sales expanded less than expected and China expressed willingness to support European bailout fund. Dow Jones Industrial Average added 0.03% or 4.24 points and finished at 12,878.28, S&P 500 index lost 0.09% or 1.27 point and settled at 1,350.5 while Nasdaq Composite index ended 0.02% or 0.44 points up

Wed, 15 Feb 2012 09:59:35 GMT

German economy narrowed less than predicted in 4th quarter

Europe's largest economy contracted less than expected in fourth quarter, signalling Germany may avoid crisis despite declining demand across region. German GDP dropped 0.2% in last quarter of 2011 compared to 0.6% growth in the third quarter. Economists questioned by Bloomberg predicted a drop of 0.3%. Meanwhile France's economy unexpectedly in expanded 0.2% in last three months of 2011. 

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