Thursday, 06 June 2013 13:40
Posted by Parvez Jabri
HONG KONG: Asian markets sank Thursday following a sell-off on Wall Street, with dealers spooked by disappointing US jobs data.The dollar rebounded slightly after shedding around one percent against the yen in New York, while expectations the Federal Reserve will start to pull back on its monetary easing also pushed the US unit up further against its Australian counterpart.Tokyo fell 0.85 percent, or 110.85 points, to 12,904.02, extending an almost four percent on Wednesday due ...
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HONG KONG: Hong Kong stocks ended the morning session 1.32 percent lower on Friday as traders grow nervous ahead of the release of crucial US jobs data later in the day.The benchmark Hang Seng Index was down 288.74 points at 21,549.69 on turnover of HK$29.67 billion (US$3.83 billion).Copyright AFP (Agence France-Presse), 2013 ...
TOKYO: Japan's Nikkei average is expected to open lower on Friday, taking the index into bear market territory, as exporters are likely to take a beating after the yen firmed against the dollar on concerns that the key US jobs report will disappoint.The Nikkei is likely to trade between 12,650 and 12,950, strategists said, while Nikkei futures in Chicago <0#NIY:> closed at 12,700 on Thursday, down 0.9 percent from the Osaka close of 12,820."The market ...
SEOUL: Seoul shares are likely to hold their ground on Friday having hit a near four-week low in the previous session, after Wall Street recovered from falls triggered by fears of a weaker-than-expected jobs report due later in the day."Even if the index retreats, it will be limited. Recent declines were driven by profit-taking as the index neared the key 2,000-point level, while continued net foreign buying during the past two sessions suggests a changing ...
HONG KONG: Asian markets sank Thursday following a sell-off on Wall Street, with dealers spooked by disappointing US jobs data.The dollar rebounded slightly after shedding around one percent against the yen in New York, while expectations the Federal Reserve will start to pull back on its monetary easing also pushed the US unit up further against its Australian counterpart.Tokyo fell 0.85 percent, or 110.85 points, to 12,904.02, extending an almost four percent on Wednesday due ...
HONG KONG: Hong Kong stocks fell 1.05 percent on Thursday after a negative lead from Wall Street that was caused by weak US jobs data.The benchmark Hang Seng Index eased 230.81 points to 21,838.43 on turnover of HK$58.41 billion (US$7.54 billion).Chinese stocks ended down 1.27 percent. The benchmark Shanghai Composite Index dropped 28.82 points, to 2,242.11 on turnover of 75.3 billion yuan ($12.3 billion), the lowest close since May 15.Copyright AFP (Agence France-Presse), 2013 ...
TAIPEI: Taiwan stocks ended down 1.1 percent to a five-week closing low on Thursday, tracking losses in some regional bourses.The main TAIEX index finished at 8,096.14 points, marking its lowest level since the beginning of May and its fourth consecutive losing session.Electronics and banking, among the worst-performing sectors, both dropped about 1 percent.The Taiwan dollar climbed T$0.118 to T$29.792 to the US dollar.Copyright Reuters, 2013 ...
