07262016Tue
Last update: Tue, 26 Jul 2016 09am

Markets - Equity

Markets - Equity - Asia

Tokyo stocks close down, Nintendo up on Pokemon launch TOKYO: Tokyo shares closed lower Friday as worries over a flagged stimulus dented spirits, but Nintendo rose again as the hugely popular Pokemon Go app launched in Japan, its home market.Trading got off to a weak start as investors bought the yen after an interview was aired in which central bank chief Haruhiko Kuroda ruled out using so-called helicopter money in any fresh economy-boosting measures.The strategy involves funnelling cash directly into the economy to boost growth, including possibly putting cash straight into people's bank accounts, rather than the more traditional bond-buying method.The comments to the BBC were aired Thursday, just before the European Central Bank held off any fresh easing measures and its own boss provided limited scope for support in the future.Soon after the Kuroda interview, the dollar plunged from levels above 107 yen to end Thursday at 105.76 yen. On Friday it bought 105.91 yen."The market had risen ...


Markets - Equity - Australia

Australia shares pause near recent peak; NZ hits fresh record SYDNEY: Australia's shares paused near a one-year high on Friday, though a rally in the natural resources sector offset some losses in energy and financials, while New Zealand's bourse touched an all-time high. The S&P/ASX 200 index eased 0.26 percent, or 14.19 points, to close the session at 5,498.20. Although the benchmark finished slightly off at close, it was still near a one-year peak of 5,531.9 hit in the previous session.New Zealand's benchmark S&P/NZX 50 ...

Markets - Equity - Asia

Tokyo stocks close lower, Nintendo up on Pokemon launch TOKYO: Tokyo shares closed lower Friday as a rebounding yen hit exporters, but Nintendo rose again as the hugely popular Pokemon Go app launched in Japan, its home market.The benchmark Nikkei 225 index fell 1.09 percent, or 182.97 points, to close at 16,627.25, while the Topix index of all first-section shares dropped 0.89 percent, or 11.88 points, to 1,327.51.Copyright AFP (Agence France-Presse), 2016

Markets - Equity - Asia

Hong Kong, Shanghai shares down by lunch HONG KONG: Hong Kong stocks fell in the morning session, in line with a sell-off around the world as investors were left disappointed by European and Japanese central bank comments that tempered hopes for stimulus measures.The Hang Seng Index eased 0.45 percent, or 99.29 points, to 21,901.20 by the break.And the benchmark Shanghai Composite Index fell 0.66 percent, or 20.19 points, to 3,018.82, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, ...

Markets - Equity - Asia

Tokyo shares slip, Nintendo up on Pokemon launch TOKYO: Tokyo shares fell Friday as a rebounding yen hit exporters, but Nintendo rallied again as the hugely popular Pokemon Go app launched in Japan, its home market.Trading got off to a weak start as investors bought the yen after an interview was aired in which central bank chief Haruhiko Kuroda ruled out using so-called helicopter money in any fresh stimulus.The strategy involves funnelling cash directly into the economy, including possibly putting cash straight into ...

Markets - Equity - Australia

Australia shares seen pausing below 1 year peak, NZ off all-time high SYDNEY: Australian shares are expected to tread water on Friday after Wall Street pulled back from record levels, while New Zealand equities drifted a touch lower, having struck an all-time peak in the last session.Local share price index futures fell 0.6 percent to 5,451 points, a 61.4-point discount to the close of the underlying S&P/ASX 200 index on Thursday.The benchmark climbed to a near one-year high in the last session, having added 1.5 percent so ...

Markets - Equity - Americas

Dow winning streak ends; European stocks flat NEW YORK: The Dow's six-day streak of records ended Thursday, while European stocks treaded water after the European Central Bank opted against additional stimulus.After almost four weeks of steady gains, US stocks paused, with the Dow retreating from records following disappointing earnings reports from components Intel and American Express.As expected, the European Central Bank did not announce any new measures at its regular policy meeting on Thursday.However, investors had been looking for ECB chief Mario ...