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Showing posts with the label Asian Markets at Close Report March 8

Asia shares mixed; Tokyo outperforms on weak yen: Asian Markets at Close Report March 8, 2013.

By Daniel Inman  HONG KONG (MarketWatch) — Japanese stocks climbed for a seventh session on Friday, reaching a fresh multiyear high, as the yen fell against the U.S. dollar, while Hong Kong and Australian markets rose after trade figures kicked off China’s monthly economic data.  Waiting to rebuild, 2 years after Teiichi Sato in limbo. After his shop in Rikuzentakata, Japan, was destroyed two years ago by a tsunami, he opened a temporary one. But red tape has kept him from permanently rebuilding. WSJ's Daisuke Wakabayashi reports . The U.S. dollar USDJPY +0.94%  was at 95.46 yen late in Asian trading, breaching its overnight high of 95.1 yen, the dollar’s strongest level against the yen since August 2009, and adding to the 0.8% gain it made on Thursday. The dollar’s latest surge came as inves