Chinese, U. S. data push global shares to twenty-month high
LONDON (Reuters) – World shares hit a 20-month high on Friday as encouraging data from the United States and China boosted prospects for the global economy, while the yen hit new lows ahead of next week’s Bank of Japan meeting. China’s economy grew at a slightly faster-than-expected 7. 9 percent in the fourth quarter of 2012, the latest sign it is pulling out of a post-global financial crisis slowdown that produced its weakest year of economic growth since 1999. The positive news came on top of strong U. S. . . .
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