Asia
Tuesday, 14 May 2013 09:36
5
SHANGHAI: Chinese shares were down slightly in early trading on Tuesday due to a lacklustre performance by US stocks overnight and uncertainty towards the recovery of China's economy, dealers said.The benchmark Shanghai Composite Index slipped 0.14 percent, or 3.22 points, to 2,238.70.Copyright AFP (Agence France-Presse), 2013 ...
TOKYO: Tokyo stocks advanced 1.20 percent Monday, hitting a more than five year high, as the yen's fall accelerated after Japan avoided open criticism about its forex policy at a weekend G7 meeting.The benchmark Nikkei 225 index closed up 174.67 points to 14,782.21, its best finish since late December 2007, while the Topix index of all first-section shares climbed 1.78 percent, or 21.60 points, to 1,232.20.Investor sentiment was buoyed after US shares rallied last week ...
HONG KONG: Hong Kong shares fell 1.03 percent by the break on Monday in cautious trade ahead of a raft of Chinese economic data due to be released later in the session.The benchmark Hang Seng Index lost 240.83 points to 23,080.39 on turnover of HK$29.18 billion ($3.76 billion).Copyright APP (Associated Press of Pakistan), 2013 ...
SHANGHAI: Chinese shares were down 0.20 percent in early trading on Monday due to worries over the possible resumption of new stock offers after a six-month freeze, dealers said.The benchmark Shanghai Composite Index slipped 4.40 points to 2,242.43.Copyright AFP (Agence France-Presse), 2013 ...
SHANGHAI: Alibaba Group, China's largest e-commerce firm, will take a 28 percent stake in digital mapping company AutoNavi Holdings Ltd, part of Alibaba's move to boost its competitveness by beefing up its product lineup.Unlisted Alibaba will invest $294 million to become the largest shareholder in the Chinese-based firm, according to a statement from AutoNavi on Friday which confirmed an earlier report from news portal Sina.The move comes after Alibaba, which competes with Tencent Holidings, acquired ...
MUMBAI: Indian shares rose on Friday to their highest close in nearly 3-1/2 months as ITC rose to a record on expectations foreign investors will continue to scoop up domestic blue chips, while Maruti Suzuki surged after the yen slid against the dollar.ITC Ltd provisionally rose 2.8 percent, while Maruti Suzuki India Ltd ended 4.4 percent higher.The BSE index provisionally gained 0.67 percent, closing above 20,000 for the first time since Jan.30, while the 50-share ...
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