Moody’s Urges China Reforms to Boost Economy

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Asia Stocks: Latest QuotesComments Off

Here are the latest trading levels for Asia’s major stock markets: Tokyo (Nikkei Average) up 0.2% ; Hong Kong (Hang Seng Index) up 1% ; Shanghai (Shanghai Composite Index) up 0.1% ; Sydney (S&P/ASX 200) down 0.4% ; Seoul (Kospi) up 0.7% Taipei (Taiex) up 1.1%

Australia Stocks’ Opening Gains VanishComments Off

Australian stocks saw their early gains fade in early Wednesday transactions, with the S&P/ASX 200 flat about an hour into the session.

Japan Stocks Rise, As Nikkei Average Tests 16,000Comments Off

Gains for U.S. shares overnight and a modest weakening of the yen helped send Japanese stocks higher Wednesday morning, with the Nikkei Average up 0.3% at 15,965.21 as it tried to cross back above the 16,000 level where it started the year.

Crude Supplies Rise 3.3 Million Barrels, API SaysComments Off

The American Petroleum Institute late Tuesday reported crude-oil inventories rose 3.3 million barrels in the week ended Sept. 12, according to reports.

Market Radar: Positive Fed SentimentComments Off

The U.S. markets saw gains across the board Tuesday as stocks turned positive on sentiment from a Wall Street Journal report saying that the Fed could continue its market-friendly interest rate policies. Fed Chairwoman Janet Yellen is scheduled to deliver her policy statement on Wednesday. On the economic side, August producer prices remained flat from July, allaying inflation concerns, while crude oil surged ahead of inventory numbers — sending energy stocks climbing.  

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