04302016Sat
Last update: Sat, 30 Apr 2016 12am

Asia

Markets - Equity - Asia

SE Asia stocks mostly down ahead of Fed, BOJ meetings; Thai shares up  JAKARTA: Most Southeast Asian stock markets fell for a second straight day on Tuesday, led by Indonesia, as cautious investors adopted a wait and watch approach ahead of central bank meetings in the United States and Japan later this week.However, the Thai SET index and the Vietnam index bucked the trend, helped by commodities and financial shares respectively.Indonesia's Jakarta Composite Index ended 1.3 percent down at a more than two-week closing low, led by financial stocks, while poor earnings expectations dragged large caps lower.Jakarta-based Trimegah Research said in a note it expects Indonesian conglomerate PT Astra International Tbk and heavy equipment distributor United Tractors to post disappointing earnings for the March quarter.Astra shares ended 2 percent down while those of United Tractors fell 3.1 percent."The market sentiment remained weak with selling pressure across the board as worries continued on the first quarter earnings outlook and ahead of the Fed meeting ...

Markets - Equity - Asia

Sri Lanka shares up from near two-week low ahead of central bank policy COLOMBO: Sri Lankan shares edged up on Tuesday from its near two-week low hit in the previous session, as investors turned cautious, ahead of an imminent loan deal with the International Monetary Fund, and while awaiting cues from the central bank on interest rates.The central bank's April monetary policy announcement is scheduled for later on Tuesday, and expectations are that the bank would keep key interest rates steady, a Reuters poll showed.However, a surprise hike ...

Markets - Equity - Asia

Hong Kong, Shanghai stocks close higher HONG KONG: Hong Kong and Shanghai stocks ended higher Tuesday, shrugging off a negative lead from Wall Street ahead of a closely watched Federal Reserve policy meeting later in the week.The Hang Seng Index in Hong Kong reversed early losses to end up 0.48 percent, or 102.83 points, at 21,407.27.The benchmark Shanghai Composite Index rose 0.61 percent, or 18.03 points, to 2,964.70. The Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 1.19 ...

Markets - Equity - Asia

Tokyo stocks slip before Fed, Mitsubishi Motors dives TOKYO: Tokyo shares fell Tuesday ahead of a Federal Reserve policy meeting, with Mitsubishi Motors hammered for a fifth day in response to a report that it used an improper fuel-testing method for decades.Japan's leading Nikkei business newspaper also said Mitsubishi had been supplying false results on more models than previously reported, widening the possible scope of a data-cheating scandal that has plunged the automaker into crisis.The Tokyo-listed shares dropped 9.58 percent to close at ...

Markets - Equity - Asia

Hong Kong, Shanghai stocks lower at break HONG KONG: Hong Kong stocks sank Tuesday morning in line with a regional sell-off ahead of a US Federal Reserve policy meeting and the start of corporate earnings season.The Hang Seng Index in Hong Kong slipped 0.81 percent, or 173.12 points, to 21.131.32.And the benchmark Shanghai Composite Index eased 0.28 percent, or 8.15 points, to 2,938.52 while the Shenzhen Composite Index, which tracks stocks on China's second exchange, edged down 0.12 percent, or 2.31 points, ...

Markets - Equity - Asia

Tokyo stocks slips ahead of Fed meeting, Mitsubishi Motors dives TOKYO: Tokyo shares fell Tuesday ahead of a Federal Reserve policy meeting as Mitsubishi Motors dived again on a report that it had been using an improper fuel-testing method for decades.The benchmark Nikkei 225 index at the Tokyo Stock Exchange lost 0.49 percent, or 86.02 points, to close at 17,353.28, while the broader Topix index of all first-section shares was down 0.72 percent, or 10.14 points, at 1,391.69.Copyright AFP (Agence France-Presse), 2016 ...

Markets - Equity - Asia

Sri Lanka shares end near 2-week low ahead of central bank policy COLOMBO: Sri Lankan shares fell to a near two-week low on Monday as cautious investors waited for cues from the central bank's decision on interest rates and talks on a loan deal with the International Monetary Fund.The central bank's April monetary policy announcement is scheduled for 1130 GMT on Tuesday, and expectations are that it would keep key interest rates steady, a Reuters poll showed.However, a surprise hike is not ruled out as five out ...