Asia
Thursday, 23 May 2013 14:07
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HONG KONG: Asian markets fell Thursday with Tokyo plunging more than seven percent as investors took profits after weak Chinese data and signs the US Federal Reserve could start tapering off its massive stimulus measures.Tokyo dropped on record volumes in the afternoon as investors panicked in the rush to take profit, with the index suffering its biggest daily fall since the March 2011 earthquake-tsunami and the ensuing nuclear crisis.Markets also took their lead from Wall Street, where stocks fell after Federal Reserve chief Ben Bernanke told Congress the Fed could scale back stimulus measures soon if economic conditions improved.Tokyo closed down 7.32 percent, or 1,143.28 points, at 14,483.98.Sydney slumped 1.99 percent, or 106.9 points, to close at 5,062.40. South Korean shares slid 1.24 percent, or 24.64 points, to finish at 1,969.19.Shanghai ended down 1.16 percent, or 26.73 points, at 2,275.67, and Hong Kong dropped 2.54 percent, or 591.4 points to ...
TOKYO: Tokyo share prices dropped more than seven percent Thursday on record volumes as investors rushed to take profit following weak Chinese data.The Nikkei 225 index at the Tokyo Stock Exchange closed down 7.32 percent, or 1,143.28 points, to 14,483.98, while the Topix index of all first-section issues was down 6.87 percent, or 87.69 points, at 1,188.34.Copyright AFP (Agence France-Presse), 2013 ...
TOKYO: The Nikkei average took a dramatic turn for the worse on Thursday afternoon, sliding 3.4 percent from an earlier surge to a 5-1/2-year high as investors were rattled by weak factory activity in China, one of Japan's major export markets.The Nikkei was down 535.79 points to 15,091.47 in a volatile session after climbing to a peak of 15,942.60 in morning trade, its highest since December 2007. The index, which dropped as much as 14,945.56 ...
SHANGHAI: Chinese shares were down 0.44 percent in early trade on Thursday ahead of the release of HSBC's preliminary manufacturing data for May, dealers said.The benchmark Shanghai Composite Index fell 10.06 points to 2,292.34.Copyright AFP (Agence France-Presse), 2013 ...
HONG KONG: Hong Kong stocks opened 0.81 percent lower on Thursday, reflecting falls on Wall Street after the US Federal Reserve hinted it could soon start to ease its policy of aggressive stimulus measures.The benchmark Hang Seng Index fell 189.05 points to 23,072.03 in the first minutes of trade.Copyright AFP (Agence France-Presse), 2013 ...
TOKYO: Tokyo stocks climbed 1.60 percent to close at their highest level in more than five years Wednesday, with investor appetite unabated due to a weak yen and record-setting levels on Wall Street.The benchmark Nikkei 225 index gained 246.24 points to 15,627.26, the best finish since late December 2007. The Topix index of all first-section issues was up 0.44 percent, or 5.64 points, at 1,276.03.Stocks maintained their gains after the Bank of Japan made its ...
HONG KONG: Asian shares were mostly up Wednesday after a strong lead from Wall Street, with Tokyo stocks finishing at their highest level in five years and as markets awaited testimony from the US Federal Reserve chief.Japanese investors welcomed the weakening yen, with Tokyo stocks ending up 1.60 percent, or 246.24 points, at 15,627.26, the best finish since late December 2007.The market maintained early gains after the Bank of Japan (BoJ) wrapped up a two-day ...
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