Top News
14
HONG KONG: Asian shares were mostly up Wednesday after a strong lead from Wall Street and despite a larger than expected Japanese trade deficit as markets awaited testimony from the US Federal Reserve chief.The dollar was higher against the yen in Asia as Japan posted its worst April trade deficit, with the red-ink expanding 69.7 percent on year to 879.9 billion yen ($8.6 billion).The figures did not appear to dampen investor enthusiasm in Japan, with Tokyo stocks up 1.16 percent before the break. Sydney was down 0.31 percent, and Seoul rose 0.53 percent.In Shanghai shares climbed 0.25 percent, while Hong Kong's trading session was delayed due to a black rainstorm warning advising people against travel and was due to reopen at 1:00 pm (0500 GMT).Trade data is a closely watched indicator of Prime Minister Shinzo Abe's progress in firing up Japan's export-led economy.His pro-growth, pro-spending policies have weakened the yen ...
TOKYO: Japan on Wednesday posted its worst April trade deficit as a weak yen ramped up import costs and helped extend the run of monthly shortfalls to the longest in more than three decades.Data from the finance ministry showed Japan incurred a trade deficit for the 10th straight month in April with the red-ink expanding a worse-than-expected 69.7 percent on year to to 879.9 billion yen ($8.6 billion).Trade data is a closely watched indicator of ...
TOKYO: The Bank of Japan on Wednesday held off fresh easing measures, saying after a two-day policy meeting that a continuation of steps introduced last month would help Japan overcome deflation.The central bank said its widely expected decision to stand pat was reached by a unanimous vote by its board.In early April, the bank's new management team -- hand picked by Prime Minister Shinzo Abe -- embarked on a new era of huge asset purchases ...
TOKYO: Tokyo stocks maintained early gains and were up 1.12 percent in early afternoon trade after the Bank of Japan made its widely-expected announcement of no new easing measures.The benchmark Nikkei 225 index was up 171.79 points at 15,552.81 soon after the afternoon session started while the Topix index of all first-section issues was up 0.72 percent, or 9.12 points, at 1,279.51.Investor confidence was intact following record-setting advances on Wall Street."The influx of new capital ...
KARACHI: On Wednesday Morning, KSE-100 Index was at 21329.42 with a positive change of 161.42 and volume of 42,128,500 shares.High and Low were 21379.42 and 21168.00 respectively. Total volume traded in the market was 56,064,900 shares with 156 total traded companies out of which 102 were up, 47 were down and 7 were unchanged.Copyright Business Recorder, 2013 
ISLAMABAD: Chinese Premier Li Keqiang arrives in Pakistan today for a two-day visit where he will meet prime minister-elect Nawaz Sharif as the long-time allies look to boost trade ties.Trade between Pakistan and China hit a 12-month figure of $12 billion for the first time last year, according to Islamabad, up 18 percent on the previous year, and the two sides are committed to raising this to $15 billion in the next two to three ...More Articles...
| |||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||
