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Nikkei drops as investors await Fed outcome; SoftBank soars TOKYO: Japanese stocks edged down on Tuesday as most buyers camped out ahead of this week's outcome of the Federal Reserve meeting, though Softbank jumped on news of strong demand for Alibaba's initial public offering in the United States.The Nikkei share average eased 0.2 percent to 15,923.30 in midmorning trade. Domestic markets were closed on Monday due to a national holiday.SoftBank Corp soared 2.3 percent and contributed hefty 24.11 points to the Nikkei after Alibaba Group Holding Ltd raised the price range on its initial public offering to $66 to $68 on Monday because of hefty investor demand. SoftBank owns more than a 30 percent stake in Alibaba.The Fed's Open Market Committee two-day policy meeting begins later in the day, and global markets are keenly awaiting clues on the timing of the first US rate hike in more than eight years.With the Japanese market scaling an eight-month high on Friday, ...

South Korean shares edge up with eye on Fed meeting; won firmer SEOUL: South Korean shares edged up in narrow trade on Tuesday morning, with investors cautious ahead of the US Federal Reserve's policy meeting that will set a clearer direction for the market.The Korea Composite Stock Price Index (KOSPI) was up 0.32 percent at 2,042.37 points as of 0145 GMT, posting a modest rebound after coming within a whisker of a 2-month low in the previous session.The Fed's Open Market Committee will begin its regular two-day ...
Hong Kong stock markets to resume trade as typhoon passes HONG KONG:The Hong Kong Exchange will resume trading at 1 p.m. (0500 GMT) on Tuesday after the No.8 storm signal was lowered as Typhoon Kalmaegi swept passed the island, delaying trading on the securities and derivatives markets in the morning.According to exchange arrangements, there will be no morning trading if the typhoon signal remains at 8 or higher as of 9 a.m. Hong Kong time (0100 GMT), with trading suspended for the whole day if ...
Asian shares on edge as investors brace for Fed TOKYO: Asian shares held near one-month lows on Tuesday as investors braced for a possible hawkish shift in the US Federal Reserve's policy stance as the Fed begins a two-day policy meeting later in the day. MSCI's broadest index of Asia-Pacific shares outside Japan was little changed near one-month low hit on Monday after seven consecutive days of falls.Japan's Nikkei stock average shed 0.3 percent, catching up after Tokyo markets were closed for a local ...
China shares flat at midday as economy worries linger SHANGHAI: China shares fell early Tuesday on worries about the economy, but the losses were erased and indexes flat at midday thanks to support from resource companies. The Hong Kong market was closed Tuesday morning for a typhoon. Trading was set to begin at 1 pm Hong Kong time. The Shanghai Composite Index, which closed on Monday at its highest since March, was up 0.1 percent to 2,340.96 points at midday. The CSI300 of the ...
Vietnam index falls 0.7pc at midday HANOI: Vietnam's benchmark VN Index dropped 0.72 percent at the break on Tuesday as investors offloaded shares in cautious sentiment during the exchange-traded funds' review week.Investors were closely monitoring the index' movements as two exchange-traded funds Market Vectors Vietnam and db x-trackers FTSE Vietnam were restructuring portfolio, which are scheduled to end this week, analysts said.The two funds are likely to sell many shares, mostly blue-chips, during this quarterly review, said manager Nguyen The Minh ...
Tokyo stocks open down 0.33pc TOKYO: Tokyo stocks opened 0.33 percent lower on Tuesday after a long weekend, breaking a five-day rally following the release of weaker-than-expected US and Chinese production data.The key Nikkei 225 index at the Tokyo Stock Exchange, which hit a fresh eight-month high on Friday on a strong dollar, was down 52.23 points at 15,896.06 at the start.Tokyo markets were closed Monday for a national holiday.The lower opening came after disappointing Chinese and US industrial production ...

 



 
Index Closing Chg%
Arrow DJIA 17,279.74 0.08
Arrow Nasdaq 4,579.79 0.30
Arrow S&P 2,010.40 0.05
Arrow FTSE 6,837.92 0.27
Arrow DAX 9,799.26 0.01
Arrow CAC-40 4,461.22 0.08
Arrow Nikkei 16,321.17 1.58
Arrow H.Seng 24,306.16 0.57
Arrow Sensex 27,090.42 0.08





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 18, 2014
Reserves $13.525 bln