Asian stocks rose, sending the MSCI Asia Pacific Index to a fifth monthly gain, as earnings from Sony Corp. and Datang International Power Generation Co. and a commodities rally spurred confidence economies are recovering , Bloomberg reports.
However, going forward, increased capital-raising activity and surging fund flows into the region are expected to bolster exchange revenues amid blazing stock market rallies.
The MSCI index of Asia-Pacific stocks outside Japan .MIAPJ0000PUS has soared about 45 percent this year as investors bet Asia will lead the global economy out of recession , Reuters reports.
Meanwhile, in Japan, electronics and entertainment giant Sony Corp. posted a smaller loss than forecast. Also lifting sentiment were results from leading Western companies like U.S. electronics giant Motorola Inc., which posted a surprise profit, and British telecom firm BT Group PLC , The Associated Press reports.
The draconian ferocity of aggressive wars continues as we watch the unwarranted aggressive events unfolding against Iran in the Persian Gulf Region. One sees a contrast between a real issue and an imaginative problem
Syria seems to have become the land of miracles, the only place in the world where terrorists can suddenly become life saviors, or at least that's how it is being depicted