Bloomberg News

Asian Stocks Rise as Europe Considers $1.3 Trillion for Crisis

October 20, 2011

Oct. 21 (Bloomberg) -- Asian stocks rose, narrowing a weekly decline on the regional benchmark index, as European governments considered deploying $1.3 trillion to fight the region’s debt crisis, boosting the earnings outlook for Asian exporters.

The MSCI Asia Pacific Index rose 0.2 percent to 115.46 as of 9:11 a.m. in Tokyo. The measure has dropped about 1.2 percent this week.

--Editor: Jason Clenfield.

To contact the reporters on this story: Yoshiaki Nohara in Tokyo at ynohara1@bloomberg.net;

To contact the editor responsible for this story: Nick Gentle at ngentle2@bloomberg.net.


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