Wednesday, 05 June 2013 12:30
Posted by Parvez Jabri
HONG KONG: Asian markets fell Wednesday, taking a negative lead from Wall Street as data showed the US trade deficit had widened, while Tokyo slumped again over a policy speech by Japan's prime minister.The dollar also fell back below the 100 yen level after Japanese Prime Minister Shinzo Abe came up short of expectations with his economic growth strategy.Tokyo dived 3.83 percent, or 518.89 points, to 13,014.87 -- continuing a rollercoaster couple of weeks that has seen the Nikkei lose about 15 percent.Sydney shed 1.34 percent, or 65.6 points, to 4,835.2 and Seoul gave up 1.52 percent, or 30.32 points, to end at 1,959.19.In the afternoon Hong Kong lost 1.23 percent and Shanghai was off 0.24 percent.Abe's speech on Wednesday outlined more details on his plans to boost growth in Japan's limp economy but analysts said he failed to ignite interest, with the main points already well-touted ahead of time.Investors ...
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HONG KONG: Asian markets fell Wednesday, taking a negative lead from Wall Street as data showed the US trade deficit had widened, while Tokyo slumped again over a policy speech by Japan's prime minister.The dollar also fell back below the 100 yen level after Japanese Prime Minister Shinzo Abe came up short of expectations with his economic growth strategy.Tokyo dived 3.83 percent, or 518.89 points, to 13,014.87 -- continuing a rollercoaster couple of weeks that has seen the Nikkei lose about 15 percent.Sydney shed 1.34 percent, or 65.6 points, to 4,835.2 and Seoul gave up 1.52 percent, or 30.32 points, to end at 1,959.19.In the afternoon Hong Kong lost 1.23 percent and Shanghai was off 0.24 percent.Abe's speech on Wednesday outlined more details on his plans to boost growth in Japan's limp economy but analysts said he failed to ignite interest, with the main points already well-touted ahead of time.Investors ...
TOKYO: Tokyo stocks tumbled 3.83 percent to close at a two-month low on Wednesday after Japanese Prime Minister Shinzo Abe delivered few surprises in a closely watched speech on pumping up the nation's economy.The benchmark Nikkei 225 index fell 518.89 points to 13,014.87, its worst finish since early April, while the Topix index of all first-section issues lost 3.15 percent, or 35.44 points, to 1,090.03.As Abe spoke on measures to stoke growth in the world's ...
HONG KONG: Hong Kong stocks fell 0.65 percent at the start of trade on Wednesday after losses on Wall Street fuelled by disappointing US trade figures.The benchmark Hang Seng Index was down 143.85 points at 22,141.67 in the first few minutes of trade.Copyright AFP (Agence France-Presse), 2013 ...
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PARIS: European stock markets closed higher on Tuesday, with London's FTSE 100 index of leading shares adding 0.51 percent to 6,558.58 points.In Frankfurt the DAX 30 index rose 0.12 percent to 8,295.96 points, while in Paris the CAC 40 increased 0.1 percent to 3,925.83 points.Copyright AFP (Agence France-Presse), 2013 ...
HONG KONG: Asian markets were mixed on Tuesday, with weak US data weighing on buying sentiment while Tokyo enjoyed a bounce after the previous day's tumble.Buying picked up over the course of the day after early selling fuelled by the downbeat US figures, which had pushed the dollar lower against the yen.Tokyo ended up 2.05 percent, or 271.94 points, at 13,533.76 as the dollar moved back above 100 yen after falling below the key level ...
TOKYO: Tokyo stocks jumped 2.05 percent on Tuesday as the dollar gained on the yen in afternoon trading, with the market also lifted by expectations of more policy easing by the Bank of Japan.The benchmark Nikkei 225 index, which had lost 15 percent in the past 10 days, closed 271.94 points higher at 13,533.76. The Topix index of all first-section shares was up 2.60 percent, or 28.52 points, at 1,125.47.Tokyo won some support after Wall ...
