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Showing posts with label Asian Markets Latest News by MarketWatch; May 26. Show all posts
Showing posts with label Asian Markets Latest News by MarketWatch; May 26. Show all posts

May 26, 2013

Asian Markets Latest News by MarketWatch; May 26, 2013.

Asia

China firms line up to offer public funds With regulatory door opening on June 1, firms like Orient Securities and Guotai Juan are exploring details involved with entering the business, Caixin Online reports.


Japan stocks plunge on yen strength, but off lows Japanese stocks suffer widespread losses on the yen’s strength and further profit-taking after concerns about a rise in bond-market volatility helped stoke extreme swings late last week.



Hong Kong stocks mildly lower; telcos, casinos off HONG KONG (MarketWatch) -- Hong Kong stocks were mildly lower Monday amid concerns the U.S. Federal Reserve may taper off its bond purchases, with casino-operators and telecommunication shares dropping while some property and banking firms advanced. The Hang Seng Index was off 0.1% at 22,593.30, while the Hang Seng China Enterprises Index gave up 0.1% to 10,711.97 after briefly edging higher. Shares of China Mobile Ltd. dropped 0.7% and China Unicom Hong Kong Ltd. fell 0.9%, while Sands China Ltd. declined 1.4%. On the upside, China Overseas Land & Investment Ltd. gained 1.1% and China Construction Bank Corp. inched 0.3% higher. China's Shanghai Composite eased 0.1% to 2,287.44. 9:43 p.m. Today

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