09292016Thu
Last update: Thu, 29 Sep 2016 04pm

Asia

Markets - Equity - Asia

Hong Kong stocks down by break HONG KONG: Hong Kong stocks ended Monday morning lower as enthusiasm continued to wane after last week's decision by the Federal Reserve not to hike interest rates this month.The Hang Seng Index shed 159.78 points, or 0.67 percent, to close out the morning at 23,526.70.Losses were similar on the mainland, with the benchmark Shanghai Composite Index down 0.71 percent, or 21.56 points, to 3,012.34.The Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 0.67 percent, or 13.52 points, to 1,994.60.Copyright AFP (Agence France-Presse), 2016 ...

Markets - Equity - Asia

Hong Kong stocks fall on profit-taking, Chinese money inflows slump SHANGHAI: Hong Kong stocks fell on Friday, dragged lower by financial shares and hit by a plunge in Chinese money inflows, after investors took profits from the previous day's jump triggered by the Federal Reserve's approach on raising US rates. The Hang Seng index fell 0.3 percent, to 23,686.48, while the China Enterprises Index lost 1.0 percent, to 9,796.01 points.But for the week, Hang Seng was up 1.5 percent, while HSCE rose 2.1 percent.Most sectors ...

Markets - Equity - Asia

Hong Kong stocks flat by break HONG KONG: Hong Kong stocks ended Friday's morning session flat Friday as dealers took a rest after this week's gains fuelled by the Federal Reserve's decision not to hike interest rates.The Hang Seng Index eased 12.43 points to 23,747.37 by the break.The benchmark Shanghai Composite Index was marginally lower, dipping 2.69 points to 3,039.62 while the Shenzhen Composite Index, which tracks stocks on China's second exchange, slipped 0.15 percent, or 3.02 points, to 2,015.14.Copyright AFP ...

Markets - Equity - Asia

Tokyo stocks down on yen's surge TOKYO: Tokyo shares fell Friday as a stronger yen hit the outlook for Japanese exporters' profits.The market took a breather following a public holiday Thursday and after global stocks rallied in response to the US and Japanese central banks' decisions to keep their easy-money policies in place.A pickup in the yen dented demand for shares of Japanese exporters -- their profits slide when the currency is strong."Even though globally the Fed's decision to hold off ...

Markets - Equity - Asia

Dollar slips, Asian stocks boosted as Fed holds rates HONG KONG: The dollar came under fresh pressure in Asia on Thursday after the Federal Reserve decided against lifting interest rates but the prospect of cheap cash for longer sparked another rally in regional equity markets.At the end of one of its most anticipated meetings for some time, the central bank's policymakers said the economy continued to improve and the argument for a rise was strengthening but more evidence of sustained progress was needed.However, while ...

Markets - Equity - Asia

Dollar slips, Asian stocks boosted as Fed holds rates HONG KONG: The dollar came under fresh pressure in Asia on Thursday after the Federal Reserve decided against lifting interest rates but the prospect of cheap cash for longer sparked another rally in regional equity markets.At the end of one of its most anticipated meetings for some time, the central bank's policymakers said the economy continued to improve and the argument for a rise was strengthening but more evidence of sustained progress was needed.However, while ...

Markets - Equity - Asia

China stocks rise, led by property shares, after Fed leaves rates unchanged SHANGHAI: China stocks posted solid gains on Thursday as the Federal Reserve's decision to keep U.S. interest rates unchanged eased investor anxiety.The rally came after robust overnight gains on Wall Street, and followed a week of extremely low volatility in mainland stocks."Volatility had been very low recently because investors dared not make big bets ahead of the Fed rate decision, for fear of nasty surprises," said Wu Kan, head of equity trading at investment firm ...