Asian Stocks Climb on U.S. Data, Global Stimulus Bets
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Bloomberg (06/3) - Asian stocks
climbed, with the regional benchmark index touching the highest level
since August 2011, after U.S. shares surged to a record as the service
industry expanded at the fastest pace in a year and investors bet
central banks will continue stimulus measures.
The MSCI Asia Pacific Index (MXAP) gained 1.1 percent to 135.85 as of 12:11 p.m. in Tokyo, with almost four shares rising for each that fell. The gauge last week capped a four-month advance, the longest such winning streak since September 2009, as central banks around the world maintained loose monetary policies to support economic growth. http://www.bloomberg.com/news/2013-03-06/asian-stocks-climb-on-u-s-data-global-stimulus-bets.html |
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