Asian shares follow their American counterparts on Tuesday

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Source: Marketwatch
Asian stock markets rallied on Tuesday lifted by Fed chairman Ben Bernake's signals the US central bank is likely to prolong its low- interest rate policy to support labour market. Japanese Nikkei Stock Average gained 2.4%, Hong Kong's Hang Seng index advanced 1.8% and South Korea's Kospi soared 1%. Australia's S&P/ASX 200 jumped 0.9% but Shanghai Composite index breached the upward trend and lost 0.2% on news the profits for industrial companies dropped in January and February. 
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Tue, 27 Mar 2012 13:21:08 GMT

FTSE 100 fluctuates on Tuesday

British FTSE 100 fluctuated between gains and losses on Tuesday. On the upside Royal Bank of Scotland rallied 4% on news UK government is considering to sell part of its RBS stake. In the negative area International Power lost 1.5% after Deutsche Bank lowered stock's rating from buy to hold. Resolution tumbled 3% after insurer reported a loss for 2011

Mon, 02 Apr 2012 09:10:13 GMT

Bernanke: Fed to 'remain cautious'

Ben Bernanke, chairman of Fed, hinted that the central bank of the US is likely to continue its economy-stimulating measures, citing overall weakness of the US job market despite increased hiring in the last three months. He also claimed that Fed has to 'remain cautious', which was interpreted by many analysts as a sign of maintaining record low interest rates

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