05282016Sat
Last update: Sat, 28 May 2016 03am

Asia

Markets - Equity - Asia

Hong Kong stocks jump but Shanghai closes down HONG KONG: Hong Kong stocks reversed early losses to jump almost one percent by the close, but Shanghai ended slightly lower on continued worries about the weak domestic economy.The Hang Seng Index added 0.88 percent, or 179.66 points, to 20,576.77.The benchmark Shanghai Composite Index edged down 0.05 percent, or 1.39 points, to 2,821.05 while the Shenzhen Composite Index, which tracks stocks on China's second exchange, eased 0.10 percent, or 1.89 points, to 1,807.04.Copyright AFP (Agence France-Presse), 2016 ...

Markets - Equity - Asia

South Korean stocks end at 2-week high, won steady SEOUL: South Korean shares rose 0.6 percent on Friday to close at their highest level in nearly two weeks, boosted by foreign investors seeking bargains after recent declines. The Korea Composite Stock Price Index (KOSPI) closed up 0.6 percent at 1,969.17 points. For the week, the index gained 1.1 percent, snapping a four-week losing streak.The South Korean won ended nearly flat. It was quoted at 1,179.3 to the dollar at the conclusion of onshore trade, ...

Markets - Equity - Asia

Shanghai stocks fall for 6th straight week on economy fears SHANGHAI: China stocks ended slightly lower on Friday, capping a sixth straight week of losses for the Shanghai Composite Index, as industrial profit data added to fears that a recent pick-up in the economy is fizzling out. The Shanghai Composite Index was fractionally lower at 2,821.05 points, and slipped 0.2 percent for the week.The index has now has lost more than 8 percent since mid-April.The blue-chip CSI300 index fell 0.1 percent, to 3,062.50, declining 0.5 ...

Markets - Equity - Asia

Vietnam index ends up; posts first weekly loss in nearly 2 months HANOI: Vietnam's benchmark VN Index was up 0.62 percent at the close on Friday as most shares rallied after a strong drop in the previous session, but posted its first weekly loss in nearly two months.Gaining stocks outnumbered the decliners by nearly two to one. Shares of top dairy products maker Vinamilk, the country's biggest firm by market value, gained 1.42 percent, followed by lender VietinBank, which advanced 1.75 percent.The index, Southeast Asia's best performer ...

Markets - Equity - Asia

Hong Kong, Shanghai stocks retreat in morning session HONG KONG: Hong Kong and Shanghai stocks eased in the morning session following losses on Wall Street and as oil fell back below the $50 mark.The Hang Seng Index lost 0.13 percent, or 25.75 points, at 20,371.36.The benchmark Shanghai Composite Index fell 0.30 percent, or 8.41 points, to 2,814.03, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, slid 0.26 percent, or 4.64 points, to 1,804.29.Copyright AFP (Agence France-Presse), 2016 ...

Markets - Equity - Asia

Tokyo stocks close higher on inflation data TOKYO: Tokyo stocks climbed for the third straight session Friday on hopes of extra central bank stimulus measures after figures showed monthly prices falling and press reports said the government would delay a sales tax hike.Core consumer prices, which exclude volatile fresh food prices, dropped 0.3 percent in April on the heels of a similar drop in March, Internal Affairs Ministry figures showed shortly before markets opened.The negative reading dealt a blow to Tokyo's faltering ...

Markets - Equity - Asia

Hong Kong shares little changed, Fed hike worries curb risk appetite HONG KONG: Hong Kong stocks were little changed on Thursday following sharp gains the previous session, with renewed concerns about a possible near-term U.S. interest rate hike curbing risk appetite.The Hang Seng index rose 0.1 percent, to 20,397.11, while the China Enterprises Index lost 0.1 percent, to 8,526.19 points.Most sectors rose, with energy shares leading the gains as Brent crude oil prices rose above $50 a barrel for the first time in nearly seven months.Copyright ...