07292016Fri
Last update: Fri, 29 Jul 2016 03pm

Asia

Markets - Equity - Asia

Hong Kong ends strong week with flourish HONG KONG: Hong Kong stocks ended a strong week on a high Friday as hopes for global central bank stimulus were boosted by data showing China's economy grew more than expected in the second quarter.The Hang Seng Index rose 0.46 percent, or 98.19 points, to close at 21,659.25 -- piling on more than five percent in five days.The benchmark Shanghai Composite Index ended flat, edging up 0.28 points to 3,054.30 -- and putting on 2.2 percent over the week.The Shenzhen Composite Index, which tracks stocks on China's second exchange, eased 0.30 percent, or 6.20 points, to 2,038.73, but has risen 1.3 percent since last Friday.Copyright AFP (Agence France-Presse), 2016 ...

Markets - Equity - Asia

Hong Kong stocks end morning higher HONG KONG: Hong Kong stocks ended the morning session on a high Friday, heading for a fifth-straight gain, following a Wall Street record and data showing China's economy grew more than expected in April-June.The Hang Seng Index added 0.62 percent, or 134.33 points, to 21,695.39 by the break.But the benchmark Shanghai Composite Index edged down 0.05 percent, or 1.64 points, to 3,052.38, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, eased ...

Markets - Equity - Asia

Tokyo stocks end week on high, Line soars on debut TOKYO: Tokyo stocks finished the week on a high Friday, chalking up a fifth-straight gain, while messaging app Line soared on its Japanese debut after the biggest technology share sale of the year.The blockbuster New York-Tokyo dual-listing, which follows a $1.3 billion initial public offering, suggested investors are betting Line can survive in a field crowded with rivals including Facebook Messenger, China's WeChat, and WhatsApp.By the close, the benchmark Nikkei 225 index advanced 0.68 percent, ...

Markets - Equity - Asia

Tokyo stocks up by break as messaging app Line soars TOKYO: Tokyo stocks rallied Friday morning, building on four winning sessions as messaging app Line skyrocketed in its Japanese trading debut, after surging in New York.The benchmark Nikkei 225 index climbed 1.16 percent, or 189.74 points, to 16,575.63 by the break, while the broader Topix index of all first-section shares advanced 0.88 percent, or 11.59 points, to 1,322.75.Copyright AFP (Agence France-Presse), 2016 ...

Markets - Equity - Asia

Asian markets rally again, China data beats forecasts HONG KONG: Asian stock markets climbed for a fifth-straight session Friday following yet another record close on Wall Street and after China released data showing the economy grew more than expected in the second quarter.Traders were on course to end one of the best weeks this year on expectations central banks around the world will ramp up stimulus measures, while a strong reading on US jobs last week also fired up confidence.The buying was given ...

Markets - Equity - Asia

Singapore bourse shut by technical problems SINGAPORE: Singapore's stock exchange suffered a major technical breakdown Thursday, leaving investors unable to trade for half a day. Trading stopped at 11:38 am (0338 GMT) due to a technical error, Singapore Exchange Limited (SGX) said on its website."The SGX securities market was put in adjust phase at 1138 hours due to duplicate trade confirmation messages being generated," it said.SGX promised to reopen in the afternoon but later said it was closing the exchange for ...

Markets - Equity - Asia

China stocks ease as metals, mining shares sag; Hong Kong flat SHANGHAI: China stocks were lower on Thursday after trade data showing weak commodity imports hurt mining, metals and industrial companies, while Hong Kong share markets were subdued.In the Shanghai and Shenzhen markets, metals, mining and machinery stocks led indexes lower, with the CSI300 materials sub-index down 1.2 percent.The CSI300 index fell 0.3 percent, to 3,271.83 points at the end of the morning session, while the Shanghai Composite Index lost 0.4 percent, to 3,047.86 points.Julia Wang, ...