Tuesday, 26 March 2013

Economy News Headlines - Yahoo! News: Asian shares gain as U.S. recovery momentum instills optimism

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 gain as U.S. recovery momentum instills optimism
Mar 27th 2013, 05:11

Visitors cast their shadows prior to a ceremony marking the end of trading in 2012 at the Tokyo Stock ExchangeBy Chikako Mogi TOKYO (Reuters) - Asian shares rose on Wednesday as positive U.S. data pointing to a moderate recovery in the economy offered comfort, while the euro eased on worries over the consequences of the Cyprus bank bailout deal which inflicts huge losses on wealthier depositors. Investors shifting money to chase higher premiums on risk assets such as stocks kept a lid on safe-haven bullion, keeping spot gold capped below $1,600 an ounce, barely holding above its 14-day moving average. ...


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