02112016Thu
Last update: Thu, 11 Feb 2016 06pm

Asia

Markets - Equity - Asia

Most Asia stocks up but oil extend losses HONG KONG: Asian stock markets mostly swung back into positive territory Wednesday while oil prices tumbled again, as the wild swings that have marked the start of the year showed no signs of abating.After a sharp sell-off on Tuesday, equities traders were given a welcome lead from New York and Europe, where markets climbed on the back of a rally in crude.But experts said the volatility that has stalked world trading floors this year was unlikely to end any time soon, and oil prices sank over concerns of another rise in US stockpiles.Trillions of dollars has been wiped off valuations since the start of the year, with the slump in crude prices -- to 12-year lows -- and China's ongoing economic struggles driving the sell-off. Hopes that central bankers in Europe and Japan would loosen monetary policy fuelled a two-day surge, but that was soon erased in Asia by Tuesday's ...

Markets - Equity - Asia

China shares end lower, taking 2016 losses to $1.8trn SHANGHAI: Chinese highly volatile shares ended lower again on Wednesday after plunging on Tuesday, taking losses in 2016 to about 22 percent or 12 trillion yuan ($1.8 trillion).The benchmark Shanghai Composite Index ended down 0.5 percent, having been up in the morning and as much as 4 percent lower during the day. It tumbled 6.4 percent on Tuesday to its lowest close since Dec. 1, 2014.The CSI300 index of the largest listed companies in Shanghai ...

Markets - Equity - Asia

Tokyo stocks surge ahead of central bank meetings TOKYO: Tokyo stocks surged 2.72 percent Wednesday as investors focus on the US and Japanese central banks' first meetings of 2016, while rallies in car titan Toyota and Suzuki also provided strong support.Dealers are keeping a close eye on the outcome of the policy meetings at the US Federal Reserve and the Bank of Japan (BoJ) this week for fresh trading cues with the global economy struggling and markets in turmoil.The benchmark Nikkei 225 index ...

Markets - Equity - Asia

China stocks close slightly lower after paring sharp losses SHANGHAI: China stocks recovered much of their earlier losses by the end of a volatile session on Wednesday, ending slightly lower. The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 0.3 percent, to 2,930.35, while the Shanghai Composite Index lost 0.5 percent, to 2,735.56 points.At one point, the SSEC index was down 3.0 percent and the CSI300 was 2.4 percent lower.Copyright Reuters, 2016 ...

Markets - Equity - Asia

Tokyo stocks surge ahead of central bank meetings TOKYO: Tokyo stocks surged Wednesday, finishing 2.72 percent higher as investors focus on the US and Japanese central banks' first meetings of 2016.The benchmark Nikkei 225 index at the Tokyo Stock Exchange gained 455.02 points to close at 17,163.92, while the Topix index of all first-section shares soared 2.98 percent, or 40.47 points, to 1,400.70.Copyright AFP (Agence France-Presse), 2016 ...

Markets - Equity - Asia

Tokyo stocks rally by break ahead of central bank meetings TOKYO: Tokyo stocks soared 2.56 percent Wednesday morning, extending a global equities rally as investors focus on the US and Japanese central banks' first meetings of 2016.The market also got a boost as Toyota and Suzuki shares soared after reports that the automakers are in talks over a partnership focused on making compact cars for emerging markets, including India.Dealers are awaiting the outcome of policy meetings by the US Federal Reserve and the Bank of ...

Markets - Equity - Asia

Shanghai stocks tumble by break HONG KONG: Shanghai stocks sank in the morning session Wednesday, extending a more than six percent dive the previous day, after data showed profits at China's industrial firms dropped in December, fanning worries about the economy.The benchmark Shanghai Composite Index tumbled 2.81 percent, or 77.34 points, to 2,672.45 -- having slumped 6.42 percent Tuesday.The Shenzhen Composite Index, which tracks stocks on China's second exchange, plunged 4.40 percent, or 75.47 points, to 1,638.95.Hong Kong's Hang Seng ...