01172017Tue
Last update: Tue, 17 Jan 2017 10pm

Asia

Markets - Equity - Asia

Yen eases as BOJ keeps policy steady, Asia stocks mixed SINGAPORE: The yen edged down on Tuesday after the Bank of Japan held policy steady, shedding some gains made following killings in Germany and Turkey, while regional stocks were mixed after Federal Reserve Chair Janet Yellen's upbeat comments.European stocks were also poised to open mixed, with financial spreadbetter CMC Markets predicting Britain's FTSE 100 and Germany's DAX will open little changed, and France's CAC 40 will start the day about 0.2 percent lower.The BOJ maintained its pledge to guide short-term rates at minus 0.1 percent and the 10-year government bond yield around zero percent, while offering a more upbeat view of the economy than in its Nov. 1 assessment.Stating that the economy continues to recover moderately as a trend, the central bank signalled its conviction that a generally weak yen and a rebound in overseas demand will lift prospects for a solid recovery.The U.S. dollar advanced 0.6 percent to 117.89 ...

Markets - Equity - Asia

Asia markets struggle on geopolitical fears HONG KONG: Asian traders moved uneasily Tuesday as geopolitical concerns came back to the fore following a deadly suspected attack in Berlin, while they also wind down going into the Christmas break.The euro struggled to gain any traction against the dollar while higher-risk investments were also under pressure as dealers shifted to safety.At least 12 people were killed and dozens injured late Monday when a lorry was driven into a packed Berlin Christmas market, fuelling ...

Markets - Equity - Asia

Tokyo stocks flat by break TOKYO: Tokyo stocks were flat Tuesday morning as a pickup in the yen took the wind out of exporters, but the Bank of Japan provided an upbeat view of the world's number-three economy soon after the end of the session.The benchmark Nikkei 225 index edged down 5.23 points to 19,386.37 by the break, while the broader Topix index of all first-section shares fell 0.21 percent, or 3.22 points, to 1,545.84."Markets are a bit overbought, we've ...

Markets - Equity - Asia

Hong Kong stocks extend losses in morning HONG KONG: Hong Kong shares ended the morning session down Tuesday, extending a sell-off to a fourth day, with investors fretting over geopolitical tensions after a series of deadly suspected attacks in Europe. The Hang Seng Index fell 0.29 percent, or 64.16 points, to 21,768.52 by the break. And the benchmark Shanghai Composite Index slipped 0.52 percent, or 16.06 points, to 3,102.02, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, edged ...

Markets - Equity - Asia

Sri Lankan shares fall for 5th session; deal reversal order weighs COLOMBO: Sri Lankan shares fell for a fifth straight session on Monday to close at their lowest in nearly three weeks, led by large caps, as an order to reverse a share transaction weighed on sentiment despite foreign inflows. Sri Lankan Prime Minister Ranil Wickremesinghe has ordered a reversal and a probe into the 1.3 billion rupees ($8.7 million) Seylan Bank foreign deal as it failed to follow proper procedure, the country's finance minister said ...

Markets - Equity - Asia

Hong Kong stocks end lower HONG KONG: Hong Kong shares fell again Monday, extending a sell-off to three successive days as investors tracked a negative lead from Wall Street.The Hang Seng Index closed down 0.85 percent, or 188.07 points, at 21,832.68.The benchmark Shanghai Composite Index declined 0.16 percent, or 4.90 points, to 3,118.08. The Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.38 percent, or 7.54 points, to 1,984.10.Copyright AFP (Agence France-Press), 2016 ...

Markets - Equity - Asia

China stocks fall after Beijing's neutral policy signal SHANGHAI: China stocks slipped on Monday, led by blue-chips, as hopes for fresh monetary stimulus dimmed after Beijing vowed to contain asset bubbles next year by keeping monetary policy "prudent and neutral".The blue-chip CSI300 index fell 0.5 percent, to 3,328.98 points, while the Shanghai Composite Index lost 0.2 percent to 3,118.08 points.Markets were cautious after China's top leaders vowed over the weekend to stem asset bubbles in 2017 and place greater importance on the prevention ...