Asian stock markets closed lower Tuesday. Tokyo’s Nikkei index dropped nearly one and one-quarter percent to finish at 9,845. Hong Kong’s Hang Seng index fell one percent to finish the day’s trading at 22,437. Share prices were also lower in Manila, Shanghai, Sydney, Taipei and Wellington. In currency trading, the dollar was selling at 77.37 […]
ADB Study Urges Asian Leaders to Take Bold Action
A new book commissioned by the Asian Development Bank says Asian leaders must take bold action to sustain rapid growth if the region is to reach its full potential by the middle of the century. The book contends that Asia’s continued rise is very possible but not certain. The authors warn that fast-growing economies like […]
Asian Markets Close Higher
Asian stock markets closed higher across the board Monday. Tokyo’s Nikkei index jumped one-and-one-third percent to close at 9,965. Hong Kong’s Hang Seng index climbed one percent to end at 22,663. Elsewhere, share prices were higher in Taipei, Kuala Lumpur, Jakarta, Wellington and Manila. Markets also closed higher in Shanghai, Seoul, Sydney, Singapore, Mumbai and […]
Asian Markets Higher
Asian stock markets were higher in trading Monday. Tokyo’s Nikkei index jumped one-and-one-third percent to close at 9,965. Hong Kong’s Hang Seng index climbed one percent to end at 22,669. Elsewhere, share prices were higher in Shanghai, Sydney, Wellington, Taipei and Manila. The dollar was selling at 77.50 yen in currency trading, up three-quarters of […]
Killer Tropical Storm Slams East Asia
A tropical storm that left a path of death and destruction in the Philippines is cutting through China, Vietnam and Thailand, prompting mass evacuations. China’s state-run news agency says Tropical Storm Nock-Ten flooded parts of the southern island province of Hainan early Saturday. Officials said almost 190,000 people were evacuated from their homes to safety. […]
Killer Tropical Storm Slams East Asia
A tropical storm that left a path of death and destruction in the Philippines is cutting through China, Vietnam and Thailand, prompting mass evacuations. China’s state-run news agency says Tropical Storm Nock-Ten flooded parts of the southern island province of Hainan early Saturday. Officials said almost 190,000 people were evacuated from their homes to safety. […]
Asian Markets Close Lower
Asian stock markets closed lower Friday. Tokyo’s Nikkei index lost seven-tenths of a percent , to close at 9,833. Hong Kong’s Hang Seng index dropped six-tenths of a percent , to end at 22,440. Elsewhere, share prices were lower in Shanghai, Sydney, Mumbai, Singapore, Kuala Lumpur, and Bangkok. Markets also close lower in Jakarta, Wellington, […]
Asian Markets Lower
Asian stock markets were down in early trading Friday. Tokyo’s Nikkei index lost seven-tenths of a percent , to close at 9,833. Hong Kong’s Hang Seng index dropped six-tenths of a percent , to end at 22,440. Elsewhere, share prices were lower in Taipei, Sydney, Shanghai and Wellington. Manila markets close higher. The dollar was […]
Asia Markets Close Mostly Lower
Major Asian stock markets closed mostly lower Thursday. Tokyo’s Nikkei index lost nearly one and one-half percent to finish at 9,901. Hong Kong’s Hang Seng index gained just over one-tenth of one percent to finish the day’s trading at 22,571. Share prices were higher in Bangkok, but lower in Jakarta, Kuala Lumpur, Seoul, Shanghai, Singapore, […]
Asia Markets Close Mostly Lower
Major Asian stock markets closed mostly higher Thursday. Tokyo’s Nikkei index lost nearly one and one-half percent to finish at 9,901. Hong Kong’s Hang Seng index gained just over one-tenth of one percent to finish the day’s trading at 22,571. Share prices were higher in Bangkok, but lower in Jakarta, Kuala Lumpur, Seoul, Shanghai, Singapore, […]