02142016Sun
Last update: Sun, 14 Feb 2016 01pm

Asia

Markets - Equity - Asia

Asian shares slip, dollar pulls away from high TOKYO: Asian shares skidded on Monday as investors awaited data this week that could provide more evidence of a slowdown in China, while the dollar gave back a little of its recent gains.The downbeat mood was expected to continue into European trading, with financial spreadbetters predicting Britain's FTSE 100 to open 24 to 25 points lower, or down as much as 0.4 percent; Germany's DAX to fall 50 to 51 points, or as much as 0.5 percent; and France's CAC 40 to drop 20 to 22 points, or as much as 0.5 percent."The post-Scottish referendum rally is quickly fading throughout Europe this morning with major indices looking to open lower following a flat finish last week in the US and China fears giving Asian markets a poor start to the week," Jasper Lawler, market analyst at CMC Markets, said in a note to clients.China's flash manufacturing PMI reading on Tuesday ...

Markets - Equity - Asia

Tokyo stocks close down 0.71pc TOKYO: Tokyo stocks closed 0.71 percent lower on Monday after ending last week at a seven-year high, as telecoms giant SoftBank tumbled despite saying it had made billions from the US listing of Alibaba.The Nikkei 225 index at the Tokyo Stock Exchange -- which on Friday closed at its highest level since November 2007 -- fell 115.27 points to 16,205.90.The Topix index of all first-section shares was down 0.08 percent, or 1.03 points, at 1,330.88.Copyright ...

Markets - Equity - Asia

Hong Kong shares fall to 2-month low on economy worries, China hit by IPO wave HONG KONG: Hong Kong shares slumped to two-month lows on Monday, as investors fretted that a preliminary factory survey on Tuesday could provide more evidence of a slowdown in China.China shares suffered a further blow with 12 initial public offerings (IPOs) starting to take subscriptions this week. That is expected to lock up 600 billion yuan ($97.75 billion) in funds, according to a National Business Daily report, aggravating quarter-end liquidity pressures.At midday, the Hang Seng ...

Markets - Equity - Asia

Vietnam index gains 0.45pc by midday, oil firms lead HANOI: Vietnam's benchmark VN Index was up 0.45 percent by midday on Monday in low volume trade after some exchange-traded funds (ETF) completed their portfolio reviews last week, with oil and gas sector stocks leading the gains.Two ETFs completed their reviews last Friday, with share sales keeping the pressure on the market between Sept. 15 and 19. The index fell during all the five sessions, hitting a one-month low on Friday."Investors should pay attention to ...

Markets - Equity - Asia

Hong Kong stocks shed 1.33pc by break HONG KONG: Hong Kong stocks tumbled 1.33 percent Monday, in line with a regional sell-off, after clocking up healthy gains at the end of last week.The benchmark Hang Seng Index slipped 322.34 points to 23,983.82 by the break on turnover of HK$39.77 billion ($5.13 billion).Copyright AFP (Agence France-Presse), 2014 ...

Markets - Equity - Asia

Asian shares, dollar wobble in early trade TOKYO: Asian shares got off on the back foot on Monday after an uninspiring session on Wall Street, while the dollar gave back a little of its recent solid gains in early trading.MSCI's broadest index of Asia-Pacific shares outside Japan was slightly lower. Japan's Nikkei stock average slipped 0.2 percent, after it marked its highest closing level since 2007 on Friday, and gained 2.3 percent for the week.Alibaba Group, in one of the biggest IPOs ...

Markets - Equity - Asia

Taiwan stocks fall tracking overseas cues TAIPEI: Taiwan stocks fell more than 1 percent on Monday, following lacklustre performance in overseas markets.As of 0140 GMT, the main TAIEX index was down 111.87 points at 9,128.58, after closing up 0.04 percent on Friday.The electronics subindex was down 1 percent, financials were lower 0.7 percent, and the plastics subindex dropped 1.12 percent.The economics ministry is set to release export data for August after market hours on Monday.A Reuters poll estimates export orders likely ...