07282016Thu
Last update: Thu, 28 Jul 2016 12am

Asia

Markets - Equity - Asia

Tokyo stocks close lower after six-day rally TOKYO: Tokyo shares closed lower Wednesday to snap a six-day winning streak, while Nintendo's Pokemon Go-inspired rally fizzled just as the hugely popular smartphone game prepares to launch in Japan.The benchmark Nikkei 225 index dipped 0.25 percent, or 41.42 points, to close at 16,681.89, while the broader Topix index of all first-section shares fell 0.05 percent, or 0.64 points, to 1,330.75.Copyright AFP (Agence France-Presse), 2016 ...

Markets - Equity - Asia

Hong Kong, Shanghai stocks start day on a low HONG KONG: Hong Kong and Shanghai stocks fell in early trade Wednesday following broad losses in Europe and New York as the International Monetary Fund cut its global growth forecast citing worries about the impact of Britain's vote to leave the EU.The Hang Seng Index edged down 0.12 percent, or 26.81 points, to 21,646.39.And the benchmark Shanghai Composite Index slipped 0.06 percent, or 1.89 points, to 3,034.71, while the Shenzhen Composite Index, which tracks stocks ...

Markets - Equity - Asia

Tokyo stocks down by break after six-day rally TOKYO: Tokyo shares headed for their first loss Wednesday after a six-day winning streak, while Nintendo's Pokemon Go rally fizzled just as the hugely popular smartphone game prepares to launch in Japan.Nintendo fell nearly 13 percent 27,650 yen ($260) in the morning, just a day after the videogame giant shot past Sony in market value.Nintendo stock more than doubled since Pokemon Go's release this month sparked a global frenzy, and boosted hopes for the company's ...

Markets - Equity - Asia

Hong Kong stocks up by break, resuming rally HONG KONG: Hong Kong stocks resumed their rally Wednesday after the previous day's dip, tracking another record close on Wall Street on hopes for global central bank stimulus measures.The Hang Seng Index climbed 0.76 percent, or 165.47 points, to 21,838.67 by the break.The benchmark Shanghai Composite Index was flat, edging down 0.73 points to 3,035.87, but the Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.42 percent, or 8.45 points, to 2,042.90.Copyright ...

Markets - Equity - Asia

China stocks slip as yuan, economic uncertainty weigh SHANGHAI: China stocks fell on Tuesday as investors worried that a recovery in the property sector is losing steam, adding to uncertainty over the economic outlook. Traders were also keeping a nervous watch on the weakening yuan, which broke through a psychologically important support level late on Monday.The CSI300 index of the largest listed companies in Shanghai and Shenzhen ended 0.4 percent lower at 3,248.23 points, while the Shanghai Composite Index lost 0.2 percent to ...

Markets - Equity - Asia

Nikkei rises for 6th straight day but Softbank slumps on ARM bid TOKYO: Japan's Nikkei share average rose for a sixth straight day on Tuesday to a near six-week high, with a sagging yen and Wall Street's rise to a fresh record boosting investors' appetite for riskier assets. The Nikkei gained 1.4 percent to 16,723.31 points after touching 16,726.71, its highest since June 9.SoftBank Group Corp sank 10.3 percent with the telecoms conglomerate's bid for British chip designer ARM Holdings seen adding to its already large debt ...

Markets - Equity - Asia

Japan's SoftBank plunges after $32bn ARM purchase TOKYO: SoftBank plunged more than 10 percent Tuesday as investors gave the thumbs down to the Japanese mobile giant's whopping $32 billion purchase of British iPhone chip designer ARM Holdings.But the wider market ended in the black with Tokyo's benchmark Nikkei 225 index up 1.37 percent, or 225.46 points, at 16,723.31, while the broader Topix index of all first-section shares gained 1.08 percent, or 14.29 points, to finish at 1,331.39.Copyright AFP (Agence France-Presse), 2016 ...