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 lower in Shanghai, Sydney, Taipei and Wellington. Trading in Manila was virtually unchanged […]
ADB Forecasts Slower Economic Growth for East Asia
The Asian Development Bank says the East Asian region will grow at a more moderate pace this year and next due to rising inflation and sovereign debt woes in the United States and Europe. In a report issued Wednesday, the Manila-based lender forecasts average growth for the emerging economies of East Asia at 7.9 percent […]
Asia Markets Close Mixed
Major Asian stock markets closed mixed Wednesday. Tokyo’s Nikkei index fell one-half of one percent to finish at 10,047. Hong Kong’s Hang Seng index lost one-tenth of one percent to finish the day’s trading at 22,542. Share prices were higher in Bangkok, Jakarta, Manila, Seoul, Shanghai and Singapore, but lower in Kuala Lumpur, Mumbai, Sydney, […]
Asian Stocks Mixed
Asian stock markets closed mixed Wednesday. Tokyo’s Nikkei index fell one-half of one percent to finish at 10,047. Hong Kong’s Hang Seng index lost one-tenth of one percent to finish the day’s trading at 22,542. Share prices were higher in Manila and Shanghai, but lower in Sydney, Taipei and Wellington. In currency trading, the dollar […]
Asian Markets Rise as Dollar, Gold Both Dip
Asian stock markets closed mostly higher Tuesday. Tokyo’s Nikkei index gained almost one-half of a percent to close at 10,098. Hong Kong’s Hang Seng index rose one and one-quarter percent to end at 22,572. Elsewhere, share prices were higher in Shanghai, Taipei, Seoul, Sydney, Singapore, Kuala Lumpur and Jakarta. Markets ended lower in Mumbai, Bangkok, […]
Asian Markets Rise as Dollar Sinks
Asian stock markets were mostly higher in trading Tuesday. Tokyo’s Nikkei index gained almost one-half of a percent to close at 10,098. Hong Kong’s Hang Seng index rose one and one-quarter percent to end at 22,572. Elsewhere, share prices were higher in Shanghai, Sydney and Taipei. Markets dipped in Wellington and Manila. The dollar was […]
Asian Markets Mostly Lower
Asian stock markets closed mostly lower Monday. Tokyo’s Nikkei index dropped eight-tenths of a percent to close at 10,050. Hong Kong’s Hang Seng index fell seven-tenths of a percent to end at 22,293. Elsewhere, share prices were lower in Shanghai, Taipei, Seoul, Sydney, Singapore, Kuala Lumpur, Jakarta and Wellington. Markets ended higher in Mumbai, Bangkok […]
Asian Markets Lower
Asian stock markets were lower in trading Monday. Tokyo’s Nikkei index dropped eight-tenths of a percent to close at 10,050. Hong Kong’s Hang Seng index fell seven-tenths of a percent to end at 22,293. Elsewhere, share prices were lower in Shanghai, Sydney, Wellington and Taipei. Markets in Manila edged up slightly. The dollar was selling […]
UN Report: Asia-Pacific Recovers from Global Financial Crisis
A United Nations report released Monday says export recovery has led the Asia-Pacific region out of the 2009 global economic and financial crisis. The Asia-Pacific Trade and Investment Report says trade in the region has returned to pre-crisis levels, while foreign direct investment flows have also fully recovered in selected parts of the region, particularly […]
Asian Markets Close Higher
Asian stock markets closed higher Friday. Tokyo’s Nikkei index gained more than one percent , to close at 10,132. Hong Kong’s Hang Seng index jumped nearly three percent , to end at 22,445. Elsewhere, share prices were higher in Shanghai, Sydney, Mumbai, Singapore, Bangkok, Jakarta, Wellington, Taipei and Seoul. Stocks in Kuala Lumpur and Manila […]