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Overnight Markets: Wall Street advances on upbeat Chinese figures

by Himanshu Singh on Dec 11, 2012 at 03:30

In Asia, shares gained on Tuesday ahead of a Federal Reserve policy meeting and as investors look forward to the result of U.S. budget talks.

The MSCI Asia Pacific Excluding Japan Index added 0.2% to 460 as of 11:48 a.m. Tokyo time. Japan’s Nikkei 225 Stock Average lost 0.3%. Australia’s S&P/ASX 200 Index gained 0.4%, while Singapore’s Straits Times Index advanced 0.5%. South Korea’s Kospi Index added 0.2%. Hong Kong’s Hang Seng Index climbed 0.5%, erasing losses of 0.2%. China’s Shanghai Composite Index slid 0.2%.

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