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Asia-Pacific Markets at Close Report: Asia Pacific Markets Rise; Australia Market Recover From Earlier slip as Covid Infection Rises

Source:   cnbc.com Eustance Huang 2-3 minutes SINGAPORE — Shares in Asia-Pacific mostly rose on Monday trade, with Australian stocks recovering from an earlier slip as Covid cases in the country spike. In Japan, the Nikkei 225 advanced 0.54% to close at 27,789.29 while the Topix index gained 1.11% to 1,950.14. South Korea's Kospi ended the trading day up 0.33% at 3,144.19. Mainland Chinese stocks were mixed on the day as the Shanghai composite rose 0.17% to 3,528.15, while the Shenzhen component dipped fractionally to 14,423.37. Hong Kong's Hang Seng index closed 0.52% higher at 25,539.54. The S&P/ASX 200 in Australia closed 0.22% higher at 7,504.50. The country's most populous state New South Wales had reported on Monday a record one-day rise in new Covid-19 infections, according to Reuters. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.91%. Investors in the region looked ahead to

ASia-Pacific Markets at Close Report: Asia -Pacific Markets Rose, And The Federal Bank of New Zealand Keeps Rates Unchanged.

 Source: cnbc.com Eustance Huang   10-12 minutes This Cookie Notice (“Notice”) explains how NBCUniversal and its affiliates (“NBCUniversal” or “we”), along with our partners, including advertisers and vendors, use cookies and similar tracking technologies when you use our websites, applications, such as games, interactive TV, voice-activated assistants, and other services that link to this policy, as well as connected devices, including those used in our theme parks (“Services”). This Notice provides more information about these technologies, your choices, and is part of the NBCUniversal Privacy Policy available here . You should read the Privacy Policy and this Notice for a full picture of NBCUniversal’s use of your information. WHAT ARE COOKIES AND HOW ARE THEY USED? Like many companies, we use cookies (small text files placed on your computer or device) and other tracking technologies on the Service

Asia-Pacific Markets at Close Report: Asia-Pacific Markets were Mixed on Friday as Bank of Japan Held Steady on Monetary Policy.

 Source:  cnbc.com Eustance Huang 2-3 minutes SINGAPORE — Shares in Asia-Pacific were mixed on Friday as the Bank of Japan held steady on monetary policy. The Nikkei 225 in Japan fell 0.98% to close at 28,003.08 while the Topix index slipped 0.38% to finish the trading day at 1,932.19. Japan's central bank downgraded its real GDP forecast for 2021 to 3.8% growth, as compared with the 4% growth forecast made in April. The Bank of Japan also kept its yield curve control target at -0.1% for short-term interest rates and 0% for 10-year Japanese government bond yields. Yield curve control  is a policy to stimulate the country's economy, and entails keeping the 10-year Japanese government bond yield at zero. Following that announcement, the Japanese yen traded at 109.95 per dollar, against an earlier high of 109.72 against the greenback. In other markets, South Korea's Kospi declined 0.28% to close at 3,276.91. In main

Asia-Pacific Markets at Close Report: South Korea Stocks Fall 1% as Asia-Pacific Markets Still Worries on Covid 19 Resurface.

 Sorce: cnbc.com Eustance Huang 3 minutes SINGAPORE — Shares in Asia-Pacific fell on Friday as Covid worries resurfaced in the region. South Korea's Kospi dropped 1.07%% to close at 3,217.95. South Korea announced Friday that the greater Seoul area will be placed under the toughest social distancing rules of Level 4, according to local news agency Yonhap . In Japan, the Nikkei 225 fell 0.63% to close at 27,940.42 while the Topix index shed 0.41% to end the trading day at 1,912.38. Olympics organizers will ban spectators from the upcoming summer games in Tokyo , after a state of emergency in the city was declared by Japan on Thursday as the country sees rising Covid-19 cases. The state of emergency will last till August 22. Australian stocks also declined as the S&P/ASX 200 shed 0.93% on the day at 7,273.30. The city of Sydney earlier this week announced that Covid-19 restrictions would be extended by anothe