Good News from China, Asia Stocks Rise to Highest Level

Headline - Shares in Asian stocks move positively at the start of the transaction Monday, December 10, 2012. Investors respond to economic data of China and the United States that raised hopes about the prospects for growth in the world's two economic powers.
As quoted by CNBC, the growth of manufacturing in China and retail sales rose to the highest level in eight months in November. The situation indicates a resurgence in the country with the second largest economy in the world.

Currently, investors are still waiting for China trade data for November will be released this morning. If the trade data was stronger than expected, the market will become more and more convinced that China get out of a prolonged slump.
In the transaction this morning, the FTSE CNBC Asia 100 Index rose 0.3 percent recorded. Shares in Japanese stocks also rose to its highest level for seven months in early trading today. Conditions were sustained jobs data better than expected U.S., while a weaker yen also boost the shares of exporters.
The Nikkei rose 0.5 percent to 9571.24, while the broader Topix gained 0.4 percent to 793.57.
Although the index rose, Toyota shares fell 0.1 percent after the company delayed the launch of a new production line at its plant in Tianjin, northern China. Asahi daily said that the effort was made due to decreased sales of China is likely to continue in the future.
Meanwhile, shares of Panasonic recorded an increase of 3.5 percent, after the Japanese television manufacturers of these products carry the Viera TV, is looking for buyers for some properties to cut fixed costs and improve cash flow.
Shares of Komatsu heavy equipment also rose 0.8 percent after the Nikkei business daily reported that the construction machinery maker plans to invest 30-50 billion yen over the next three years.
In the South Korean market, the index also touched the highest level in two months, driven by improved market Samsung Electronics. The Korea Composite Stock Price Index (KOSPI) rose 0.5 percent to 1,966.5 points.
Shares in Samsung Electronics rose 1.3 percent to touch new highs throughout history.
Sources: http://bisnis.news.viva.co.id/news/read/373661