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European equities closed higher on Thursday, as investors reacted to fresh economic data and auto stocks posted strong gains. The pan-European Euro Stoxx 600 Index (^STOXX) closed over 1 percent higher as new figures late Wednesday showed impressive gains in auto sales for the European market. This helped major car manufacturers post gains on Thursday. Read More

By Shinichi Saoshiro and Ian Chua TOKYO/SYDNEY (Reuters) – The euro slumped to a new 12-year low on Thursday, reeling from an unrelenting onslaught after the European Central Bank startedits quantitative easing (QE) campaign, highlighting the monetary policy divergence between the euro zone and the U.S. The 1 trillion euro bond-buying programme the ECB launched Read More