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Asian stocks muted on Europe concerns, China

By , on February 22nd, 2013

<!– google_ad_section_start –> BEIJING (AP) — Asian stock markets were muted Friday following weak economic data from Europe and moves by China’s government to cool inflation pressures. Oil rose to just above $93 a barrel after two days of steep falls. The Asian heavyweight, Tokyo’s Nikkei 225 index, opened down but recovered to gain 0.3 percent to 11,346.44 while in the region’s biggest economy, China’s benchmark Shanghai Composite Index rose 0.1 percent to 2,328.66. Seoul gained while Hong Kong, Singapore and Taipei suffered declines. <!– google_ad_section_end –>

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Asian stocks muted on Europe concerns, China

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