01192017Thu
Last update: Thu, 19 Jan 2017 08pm

Asia

Markets - Equity - Asia

Hong Kong stocks slip on weaker risk appetite, China pulled lower by banks SHANGHAI: Hong Kong stocks slid on Thursday, tracking losses in global markets, with investors reluctant to buy risky assets ahead of the Christmas holiday.China stocks also fell, with strength in utility stocks offset by weak bank and property shares.The Hang Seng index dropped 0.9 percent, to 21,625.25 points, while the Hong Kong China Enterprises Index lost 1.3 percent, to 9,208.96 points.The CSI300 index fell 0.3 percent, to 3,327.58 points, while the Shanghai Composite Index lost 0.2 percent, to 3,131.76 points.In the Hong Kong stock market, which is more exposed to its global counterparts, the appetite for risk was curbed by a weaker Wall Street, where investors worried that a post-election rally meant that stocks were overvalued.Meanwhile, trading was thin with many investors already departing ahead of the weekend's Christmas break."Investors are inactive as the holiday is near," said Linus Yip, strategist at First Shanghai Securities Ltd, adding there was little ...

Markets - Equity - Asia

Nikkei slips from 1-year high as trading thins ahead of holidays TOKYO: Japanese stocks edged down from one-year highs on Thursday as investors took profit from recent gainers such as financials in otherwise thinning trade ahead of the holiday season.The Nikkei share average dropped 19,391.51, down 0.3 percent on Wednesday, when it hit one-year highs."Trading volume is falling with many foreign players going away ahead of the Christmas. And without them, there are few players who are ready to chase the market higher. So it is ...

Markets - Equity - Asia

Asian shares slip in holiday-thinned trade, focus turns to US data TOKYO: Asian shares struggled on Thursday after a lacklustre performance on Wall Street as investors looked to U.S. economic data later in the day for potential catalysts, as markets wind down ahead of the holidays.The subdued mood was expected to carry over into European trading. Britain's FTSE 100 index could edge down 0.1-0.2 percent, based on last prices for futures on the index. Spreadbetter IG predicted Germany's DAX would open 0.2 percent lower.MSCI's broadest index ...

Markets - Equity - Asia

Asia markets mostly down after US losses HONG KONG: Asian markets mostly turned lower Thursday following a rare drop for this month on Wall Street, with concerns about Italy's banking sector denting confidence.With dealers winding down for the Christmas break business is thinning, making swings sharper while profit-takers close in after the recent global rally.Trading floors from Asia to the Americas have been humming since Donald Trump last month won the US presidential election, with dealers betting his big-spending, tax-cutting policies will ...

Markets - Equity - Asia

Tokyo stocks end morning session lower TOKYO: Tokyo stocks retreated Thursday, having hit a 12-month high this week, while traders tracked losses on Wall Street ahead of a long, holiday weekend.The Dow sank for just the fourth time this month on profit-taking Wednesday after hitting records on several days and heading towards the key 20,000 mark, with financial stocks rattled by concerns over Italy's troubled banking sector."With foreign investors on their Christmas holidays, the market will be devoid of buyers," said ...

Markets - Equity - Asia

Hong Kong stocks sharply down by break HONG KONG: Hong Kong stocks ended the morning session sharply lower Thursday following losses on Wall Street, with financials hit by worries over Italy's struggling banking sector.The Hang Seng Index shed 0.85 percent, or 184.55 points, to 21,625.25 by the break. And the benchmark Shanghai Composite Index slipped 0.18 percent, or 5.67 points, to 3,131.76 while the Shenzhen Composite Index, which tracks stocks on China's second exchange, dipped 0.32 percent, or 6.35 points, to 1,989.68.Copyright ...

Markets - Equity - Asia

Hong Kong stocks sharply down by break HONG KONG: Hong Kong stocks ended the morning session sharply lower Thursday following losses on Wall Street, with financials hit by worries over Italy's struggling banking sector.The Hang Seng Index shed 0.85 percent, or 184.55 points, to 21,625.25 by the break. And the benchmark Shanghai Composite Index slipped 0.18 percent, or 5.67 points, to 3,131.76 while the Shenzhen Composite Index, which tracks stocks on China's second exchange, dipped 0.32 percent, or 6.35 points, to 1,989.68.Copyright ...