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Showing posts with the label Asian Markets at Close Report | MarketWatch -October 25

Asian Markets at Close Report | MarketWatch -October 25, 2012-: Japan stocks lead gains for Asia markets

By Sarah Turner and Chris Oliver , MarketWatch  HONG KONG (MarketWatch) — Japanese stocks led gains in Asia on Thursday, with exporters among the best performers, amid a weaker yen and expectations of additional support for asset prices from the Bank of Japan, while Hong Kong stocks extended their winning streak to a 10th straight session.  Japan’s Nikkei Stock Average JP:100000018 +1.13%  ended 1.1% higher, after the dollar moved back over 80 yen to a high not seen since late June.  Reorient Financial Chief Strategist Uwe Parpart in Hong Kong said the Bank of Japan will concede its unlikely to achieve its 1% inflation target for fiscal 2014 in an economic assessment to be released at its upcoming one-day policy meeting on Oct. 30. Parpart added that the central bank will unveil additional support measures, including an increase in