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  • Asia Stocks Fall On Fed, Earnings , Nikkei Ends Up 1.2 % After BoJ 0 comments
    Oct 31, 2013 8:23 AM

    Asian stocks were generally lower on Thursday, amid speculation the Federal Reserve may start decreasing its bond-buying program sooner than expected .

    During late Asian trade, the Hang Seng in Hong Kong rose 1.25 % , the index ended ASX/200 of 0.28 % from Australia , while Japan's Nikkei 225 closed up 1.23 %.

    The Federal Reserve said Wednesday that it will keep buying USD85 billion a month in mortgage and Treasury bonds in order to safeguard the faltering economic recovery.

    Fed officials stuck to the view that the economy is growing "at a moderate pace " and said that downside risks were declining , prompting speculation that the central bank could start decreasing the stimulus at its December meeting . Read More Visit Here - Asia Stocks Fall On Fed, Earnings , Nikkei Ends Up 1.2 % After BoJ

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