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Tag Archives: Asian markets

South Korean stocks open lower, KOPSI sheds 1,890pts


SEOUL: The South Korea stock market curved lower again on Monday, one session after it had hardly ended the three-day decreased in which it had dropped almost a 12 points or 0.6 percent. The KOSPI settled just under the 1,890-point plateau, while the market is tipped to rebound on Monday. The global forecast for the Asian markets is upbeat thanks ... Read More »

South Korean stocks end lower, KOSPI falls 1,920pts


SEOUL: The South Korean stocks closed lower in back-to-back sessions, while it has given away more than 7 points or 0.4 percent in that duration. The KOSPI tumbled just under the 1,920-point plateau, and now the market may discover a measure of traction on Wednesday. The global forecast for the Asian markets in murky, with soft oil prices warring with ... Read More »

Hong Kong stocks take positive start, Hang Seng up 0.5%


HONG KONG: Hong Kong stocks climbed in early trade on Monday, running in the opposite way from most other Asian markets, as stocks of two of tycoon Li Ka-shing’s major companies increased following restructured plans publicized previous week. The Hang Seng Index HSI, +0.06% moved up 0.5%, as Cheung Kong Holdings Ltd. 0001, +14.42% CHEUY, +10.29% and Hutchison Whampoa Ltd. ... Read More »

Asian markets mostly flat, Shanghai rebounds marginally


HONG KONG: Following a sell-off in New York and Europe, Asian markets were mostly weaker on Wednesday with dreads about Greece returned to disturb brokers, while oil value restarted their downward spiral after a minor uptick. Shanghai’s benchmark index recovered slightly after slumping more than five percent Tuesday — its heaviest loss in five years — although another round of ... Read More »

Asian stock markets mixed after US shares hit consecutive records

tokyo stocks

TOKYO: Asian markets ended mixed after US shares hit fresh records for a 4th straight session, while a weaker yen, and rumours of a delayed sales tax, assisted Japan’s Nikkei extend its recent rally to record a seven-year high. Tokyo gained 2.05 per cent, or 343.58 points, on Tuesday to 17,124.11 – its best finish since October 2007 – while ... Read More »

HK, Philippine markets up as shares remained mixed in Asia

China World Markets

HONG KONG: Asian markets witnessed mixed response on Wednesday as Philippine stocks came out of losses and the Hong Kong rises with hope of low inflation in China. The Philippine market, suffered heavy losses earlier this week, has up 0.8 per cent, although it is still down 2.4 per cent. The Hang Seng Index (HSI) has gained 0.3 per cent ... Read More »

First case of Ebola lowers Asian stocks


SEOUL, South Korea: The first American case of Ebola and doubts about US and European recoveries lowered Asian stocks on Thursday. The first case of Ebola in the US hit airlines as investors perceived that people would not be travelling more.  The Asian markets mostly fell due to sudden contraction of German manufacturing data in September for the first time ... Read More »

Asian markets fall as Apple’s shares slip


TOKYO:Asian markets lowered Friday as Apple’s shares slipped and downed Wall Street. Nikkei 225 index closed 0.9% lower on Friday despite the fact that it closed at a seven-year high on Thursday. Apple shares fell to 3.8% after it was forced to pull an update at its iOS8 operating system. Indonesian market fell as investors stayed away from the markets ... Read More »

Oil prices fall to 2-year low; dollar hits to 4-year high  


NEW YORK:  The dollar marched up to a four-year high on Thursday while oil wilted near a two-year low since investors hoped that the United States would not need central bank assistance in the near future. The central bank released lending data that showed there is little in the way of demand for credit in the euro zone’s still-struggling economy ... Read More »

Asian markets lower on profit-taking  


HONG KONG: Despite big gains at the end of last week, Asian markets lowered on Monday as their profits slightly slipped. Tokyo market shed 0.71 per cent, or 115.27 points to 16,205.90. Sydney market dropped 1.29 per cent, or 70.1 points, to 5,363.0 while Seoul shed 0.71 per cent, or 14.55 points, to 2,039.27. Shanghai lost 1.70 per cent, or ... Read More »

Fed’s decision fans rally in Asian markets


HONG KONG: Federal Reserve’s decision of sticking to its timetable on increasing interest rates fanned a rally in Asian stock  markets on Thursday. The Fed’s statement that its funds would remain low also pushed rally in Wall Street and US dollar as well. Tokyo rallied by 1.13 per cent or 178.90 points, to 16,067.57; Sydney upped by 0.16 per cent ... Read More »