12082016Thu
Last update: Thu, 08 Dec 2016 02pm

Asia

Markets - Equity - Asia

Tokyo stocks close at 11-month high TOKYO: Tokyo's benchmark index closed at an 11-month high Friday, notching up the year's longest winning streak as a sharp drop in the yen boosts the outlook for exporters.The Nikkei 225 added 0.26 percent, or 47.81 points, to 18,381.22, its seventh consecutive gain, while the Topix index of all first-section issues ended up 0.31 percent, or 4.57 points, at 1,464.53.Copyright AFP (Agence France-Presse), 2016 ...

Markets - Equity - Asia

Hong Kong stocks edge up in morning HONG KONG: Hong Kong stocks rose on Friday morning, recovering the previous day's losses and tracking gains across most of Asia's other markets.The Hang Seng Index added 0.36 percent, or 82.00 points, to 22,690.49 by the break.The benchmark Shanghai Composite Index eased 0.13 percent, or 4.10 points, to 3,237.64 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.23 percent, or 4.96 points, to 2,116.53.Copyright AFP (Agence France-Presse), 2016 ...

Markets - Equity - Asia

Sri Lanka shares end 8-day losing streak COLOMBO: Sri Lankan shares snapped an eight-day falling streak to end slightly higher on Thursday, but concerns over recent tax proposals continued to weigh on sentiment. The bourse hit its lowest close since April 7 on Wednesday on caution over the budget tax proposals, including revisions in corporate and withholding taxes.The government aims to boost its 2017 tax revenue by 27 percent to 1.82 trillion rupees year-on-year, and meet a commitment given to the International ...

Markets - Equity - Asia

Dollar rally plugs on, Tokyo boosted by soft yen HONG KONG: The dollar barrelled ever higher against most currencies Thursday, sitting at an eight-month high against the yen and hitting a record high against the Indian rupee.The surge in the greenback helped fuel another rally in Tokyo but traders in most other markets turned cautious after recent healthy gains.US investors gave their Asian colleagues another strong lead with the Dow hitting a new record on Wall Street after fresh data showed further improvement in ...

Markets - Equity - Asia

Tokyo stocks close up on weak yen TOKYO: Tokyo stocks closed higher Thursday with exporters buoyed by a sharp drop in the yen and following a record close on Wall Street.Returning from a public holiday, Tokyo traders picked up a positive lead from New York where the Dow and S&P 500 finished at record levels for the third straight session.The dollar's surge past 112 yen on Wednesday in US trading was driven by growing expectations that higher fiscal spending under Donald Trump's ...

Markets - Equity - Asia

Asian markets struggle, but dollar rally boosts Tokyo HONG KONG: The dollar barrelled ever higher Thursday, sitting at an eight-month high against the yen and fuelling another rally in Tokyo stocks but traders in most other markets turned cautious.US investors gave their Asian colleagues another strong lead with the Dow hitting a new record on Wall Street after fresh data showed further improvement in the US economy and reinforced expectations for an interest rate hike next month.Global markets have largely been piling higher ...

Markets - Equity - Asia

Hong Kong stocks end lower HONG KONG: Hong Kong stocks retreated Thursday, with energy firms hit by concerns over the outlook for an agreement between OPEC and Russia to cut oil production in order to boost prices.The Hang Seng Index closed down 0.30 percent, or 68.20 points, at 22,608.49.The benchmark Shanghai Composite Index was flat, edging up 0.60 points to 3,241.74. The Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.38 percent, or 8.02 points, to 2,121.49.Copyright ...