Asian stocks rise on economic optimism
May 21st, 2011 | 
Author: Asian stocks rise on economic optimism
Asian stocks advanced, paring the regional benchmark index’s third consecutive weekly decline, as exporters gained after reports showed U.S. jobless claims fell even as manufacturing growth slowed.
Read more on Brisbane Times
US data suggests Q2 growth may disappoint
Weak data on US home sales and factory activity yesterday showed the economy stuck in a slow-growth gear, although a drop in claims for jobless aid offered hope the labour market’s recovery was on track.
Read more on Gulf Times
Japanese, Australian Stock Futures Decline on U.S. Outlook, Oil
Japanese and Australian stock futures fell as commodities declined and reports showed U.S. home sales unexpectedly declined and manufacturing growth slowed, hampering the recovery in the world’s biggest economy.
Read more on BusinessWeek
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