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Last update: Tue, 03 May 2016 11pm

Asia

Markets - Equity - Asia

South Korean stocks finish down on profit-taking, won reverses SEOUL: South Korean stocks extended their fall on Monday as local institutions and foreign investors offloaded a large number amounts of shares to take profits. The Korea Composite Stock Price Index (KOSPI) closed down 0.8 percent at 1,978.15 points - a three-week low and the fourth losing session.Institutions sold a net 177.0 billion won ($155.71 million) worth of shares while foreigners sold a net 33.7 billion won worth of shares on the main bourse.Major steelmaker Posco posted the biggest daily percentage fall since late January of 2015 on the weaker-than-expected Chinese Purchasing Managers' Index (PMI) result and foreign selling.The South Korean won reversed and finished a bit higher.The won was quoted at 1,137.8 to the dollar at the conclusion of onshore trade, up 0.1 percent compared to Friday's close of 1,139.3.Copyright Reuters, 2016 ...

Markets - Equity - Asia

Nikkei stock index plunges over 3pc by break on strong yen TOKYO: Tokyo stocks plunged more than three percent on Monday morning as the surging yen hit exporters in holiday-thinned trade.Tokyo's benchmark Nikkei 225 index slumped 3.62 percent, or 604.03 points, to 16,062.02 by the break, while the Topix index of all first-section shares lost 3.55 percent, or 47.59 points, to end the morning at 1,292.96.Copyright AFP (Agence France-Presse), 2016 ...

Markets - Equity - Asia

SE Asia Stocks-Mostly down; banking stocks drag Singapore lower JAKARTA: Most Southeast Asian stock indexes fell on Friday amid weakness in global markets, with Singapore leading the losses, dragged by banking stocks on lower earnings, and Indonesian shares declining on selling by foreign investors.Singapore's Straits Times Index fell 0.8 percent, concluding the week with a 3.5 percent loss, its worst weekly decline in more than three months.Three heavy-weight banking stocks pulled the Singapore index lower, with Oversea-Chinese Banking Corp Ltd falling 1.46 percent after ...

Markets - Equity - Asia

Sri Lanka shares hit over 15-week closing high on IMF loan COLOMBO: Sri Lankan shares closed more than 1 percent up on Friday, trading in high volumes after the International Monetary Fund said it had reached a staff-level agreement with the island nation for a $1.5 billion three-year loan. Investors were also buoyed by positive sentiment after the central bank left rates steady earlier this week. The benchmark stock index ended up 1.14 percent, or 73.73 points, higher at 6,516.26, its highest close since Jan. 13. ...

Markets - Equity - Asia

Hong Kong, Shanghai stocks end down on weak earnings, US growth HONG KONG: Stocks tumbled in Hong Kong and Shanghai Friday following data showing slower-than-expected growth in the US economy and disappointing earning from two mainland Chinese energy giants.The Hang Seng Index in Hong Kong fell 1.50 percent, or 320.98 points, to 21,067.05.And the benchmark Shanghai Composite Index slipped 0.25 percent, or 7.27 points, to 2,938.32 while the Shenzhen Composite Index, which tracks stocks on China's second exchange, edged down 0.02 percent, or 0.32 points, to ...

Markets - Equity - Asia

Indian shares fall after BoJ decision, derivatives expiry MUMBAI: Indian shares fell more than 1 percent on Thursday to post their biggest daily decline in 3-1/2 weeks after the Bank of Japan unexpectedly chose not to expand its monetary stimulus and due to caution ahead of the expiry of April derivative contracts. The broader NSE index fell 1.66 percent to 7,847.25 points. The benchmark BSE index lost 1.77 percent to 25,603.10 points. Both indexes posted their biggest daily percentage falls since April 5, ...

Markets - Equity - Asia

SE Asia Stocks-Mostly down as investors focus on corporate results JAKARTA: Most Southeast Asian stock markets ended lower on Thursday after the US Federal Reserve left interest rates unchanged, while investors keenly watched corporate earnings results.The Malaysian share index led the regional decline with a 1 percent loss, dragged by shares of power company Tenaga Nasional Bhd, down 1.4 percent, and of cigarette firm British American Tobacco Bhd, that fell 8.5 percent.Tenaga posted a 39 percent fall in quarterly earnings on Wednesday, while British American ...