View the article online at http://citywire.co.uk/wealth-manager/article/a733588
Overnight Markets: US stocks extend rally on debt ceiling relief
by Himanshu Singh on Feb 12, 2014 at 02:54
In Asia, shares gained on Wednesday in late morning session as data from China and comments by US Fed chief Yellen boosted optimism about the world’s two biggest economies.
The MSCI Asia Pacific Index added 0.9% to 136 at 11:16 a.m. in Tokyo. Hong Kong’s Hang Seng Index climbed 0.7%. Japan’s Topix index jumped 1.6% as it reopened from a holiday, South Korea’s Kospi index added 0.4%. Australia’s S&P/ASX 200 Index and New Zealand’s NZX 50 Index both gained 0.6%. China’s Shanghai Composite Index slipped 0.2%.
News sponsored by:
As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.
Today's top headlines
With talk on interest rates on the horizon, our latest roundtable debate covers income investing against a changing backdrop
More about this:
On the road
on Jul 24, 2014 at 10:59