12092016Fri
Last update: Fri, 09 Dec 2016 12pm

Asia

Markets - Equity - Asia

Hong Kong stocks down by break HONG KONG: Hong Kong stocks fell in the morning session Friday, with casino operators battered by a report saying officials had halved the amount of cash mainland Chinese gamblers were allowed to withdraw from ATMs in the gaming city of Macau. The Hang Seng Index shed 0.28 percent, or 63.90 points, to 22,797.94 by the break.But the benchmark Shanghai Composite Index rose 0.69 percent, or 22.21 points, to 3,237.58 while the Shenzhen Composite Index, which tracks stocks on China's second exchange, was up marginally, adding 0.66 points to 2,078.03Copyright AFP (Agence France-Press), 2016 ...

Markets - Equity - Asia

China's blue-chip index up on surge in producer prices, but down for the week SHANGHAI: China's blue-chip index ended higher on Friday, thanks to better-than-expected inflation data pointing to signs of a stabilising economy, but it snapped an eight-week winning streak after a top regulator warned against "barbaric" takeover deals. For the day, the blue-chip CSI300 index rose 0.7 percent, to 3,493.70 points, while the Shanghai Composite Index gained 0.5 percent to 3,232.88 points.For the week, CSI300 was down 1 percent to end an eight-week winning streak, while SSEC ...

Markets - Equity - Asia

Tokyo's Nikkei index closes at fresh year high TOKYO: Tokyo's benchmark stock index on Friday closed at a fresh high for the year, extending a global rally driven by the European Central Bank's move to extend its stimulus programme.The Nikkei 225 climbed 1.23 percent, or 230.90 points, to end the day at 18,996.37, a whisker shy of the key 19,000 level.The broader Topix index of all first-section issues was up 0.84 percent, or 12.67 points, to 1,525.36.Copyright AFP (Agence France-Press), 2016 ...

Markets - Equity - Asia

Tokyo's Nikkei index closes at highest this year TOKYO: Tokyo's key stock index on Thursday chalked up its best close this year, tracking Wall Street's surge to another fresh record high and as investors eye a key European Central Bank meeting. The Nikkei 225 rose 1.45 percent, or 268.78 points, to end at 18,765.47, while the broader Topix index of all first-section issues gained 1.48 percent, or 22.07 points, to 1,512.69.Shortly before the opening bell, the government said the world's number three economy ...

Markets - Equity - Asia

Asia stocks extend gains, hit one-month peak on upbeat China trade data SYDNEY: Asian shares hustled to one-month highs on Thursday after Wall Street strode to another record, while bonds rallied on wagers the European Central Bank would extend its stimulus campaign at a policy meeting later in the session.Risk appetite got an extra boost when China reported upbeat trade figures with exports and imports both beating forecasts. Resource imports were very strong, a major reason prices for bulk commodities have been going gangbusters."The improvement reflects a ...

Markets - Equity - Asia

Nikkei closes over 11-month high on upbeat China data TOKYO: Japan's Nikkei share average closed at the highest level since last December on Thursday as upbeat Chinese trade data boosted sentiment, while Tepco shares soared on news Japan will increase an interest-free loan related to its Fukushima costs.The Nikkei ended 1.5 percent higher at 18,765.47, the highest level since December 2015.Risk appetite got a boost after China reported upbeat trade figures with exports and imports both beating forecasts.Tokyo Electric Power Company Holdings Inc jumped ...

Markets - Equity - Asia

China shares edge down as investors digest mixed data SHANGHAI: China stocks fell slightly on Thursday, as investors grappled with mixed data showing better-than-expected November trade numbers but a sharp fall in foreign-exchange reserves.The blue-chip CSI300 index fell 0.2 percent, to 3,470.14 points and the Shanghai Composite Index also lost 0.2 percent, to 3,215.37 points.Heavyweight blue-chips, in particular big-cap infrastructure shares, lost traction and dragged on the market.Investors' risk appetites were dented after data late on Wednesday showed forex reserves fell nearly $70 billion ...