Wednesday, 30 January 2013

Economy News Headlines - Yahoo! News: Asian shares off highs, Fed's stance underpins markets

Economy News Headlines - Yahoo! News
Get the latest economy news headlines from Yahoo! News. Find breaking economy news, including analysis and opinion on top economy stories, photos and more.
Asian shares off highs, Fed's stance underpins markets
Jan 31st 2013, 03:36

People look at a stock index board outside a brokerage in TokyoTOKYO (Reuters) - Asian shares took a breather from recent rallies on Thursday though sentiment was underpinned by the U.S. Federal Reserve's pledge to retain its stimulus policy and on signs of stabilization in the euro zone. Positive economic reports from Asia failed to lift markets as investors continued to assess regional earnings results and ahead of key data such as China's official manufacturing PMI and U.S. monthly nonfarm payrolls on Friday. The MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.4 percent after rising 1. ...


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