Indian shares posted their biggest daily gain this month on Wednesday as banks advanced on hopes the central bank would continue to inject liquidity, while Larsen & Toubro rose after the government extended interest subsidies

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South Africa's blue-chip stock index is set to climb another 6 percent by the end of next year, a subdued performance compared with 2012, as flows of central bank cash eventually taper off, a Reuters

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Mainland China shares reversed midday losses to edge higher for a third straight day, with the property sector strong as investors found cheer in a media report outlining Beijing's plan to further urbanise China. Investors

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China's money rates rose slightly on Wednesday, but dealers said that liquidity remained adequate thanks to the central bank's open market operations on Tuesday. Dealers said that most Chinese financial institutions have already allocated enough

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South Korean shares closed flat on Wednesday, paring gains in thin trade as some purchases made before the ex-dividend date on Thursday were offset by uncertainty, including questions over US fiscal talks. The Korea Composite

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Steady economic growth and resilient consumer spending in Russia should make stocks such as retailers and homebuilders good investments for the coming year in a rising stock market, a Reuters poll showed. Stocks supported by

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The Russian rouble firmed on Wednesday, supported by strong oil prices, while Moscow stock indices were flat in thin trade with investors reluctant to open new positions in the absence of a resolution to US

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The yen sank to a 20-month low in Asian trading on Wednesday, as Shinzo Abe assumed Japan's helm with a mandate to weaken its currency and push for more drastic monetary and fiscal stimulus. Overall

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The yen slumped to a 20-month low against the US dollar and a 16-month trough versus the euro on Wednesday, after Shinzo Abe assumed office as Japan's new prime minister and reiterated his pledge to

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The Indian rupee rose to a near 1-week high on Wednesday, buoyed by hopes of continued strong capital inflows as shares posted a strong showing, outperforming most regional peers. Capital inflows into Indian stocks have

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