Showing posts with the label Asian Markets at Close Repor.
marketwatch.com Asian shares mostly lower ahead of U.S. jobs data Jake Maxwell Watts Asian stock markets were mixed Friday, as investors looked to a coming jobs report in the U.S. for clues about when the Federal Reserve will raise interest rates. Australia's S&P/ASX 200 XJO, -1.18% ended 1.2% lower at 5,052.02, following a patchy performance overnight in U.S. markets. Singapore's FTSE Straits Times Index
Asian Markets at Close Report on January 19, 2015: Japan stocks hit 15-year intraday high. | MarketWatch
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Japan stocks hit 15-year intraday high By KOSAKU NARIOKA TOKYO — Japanese stocks rose to a 15-year high intraday Thursday, as investors took a renewed interest in companies that have shifted their focus back to growth and efficiency. The Nikkei Stock Average NIK, +0.36% gained 0.4% to 18,264.79, its highest intraday level since May 2000. There are signs that Japanese companies, ranging from Canon Inc. 7751, +0.41% CAJ, +0.22% to Sony Corp. 6758, +1.65% SNE, -1.96% are starting to tap into their large cash piles, reinforcing their core businesses and buying out firms for expansion. These companies finally appear to be leaving behind the uncertainty that followed the 2008 global financial crisis, and the aftermath of the March 2011 earthquake and tsunami disaster. “We are finding a lot more growth opportunities (in Japan) — good companies that are executing well in this environment,” said Nick Niziolek, who co-manages an $800 million international growth fun