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

MarketWatch | Asian Markets at Close Report January 09, 2014: Asia stocks mixed, with Japan, Hong Kong lower.

By Daniel Inman Asian stocks traded mixed Thursday, as Japan gave away much of its gains from the previous session while Chinese inflation data kept Hong Kong sentiment in check. Reuters Enlarge Image The trading hall of the Hong Kong Stock Exchange. The U.S. dollar  USDJPY   +0.07%   was trading below the ¥105 mark, the level that helped propel the Nikkei Average  JP:NIK   -1.50%  above 16,000 on Wednesday. The benchmark index gave up most of those gains Thursday, falling 1.6% to 15,870.37. The dollar was at ¥104.86, steady with ¥104.87 late Wednesday after spiking to ¥105.12 intraday. The main economic event in Asia on Thursday was  Chinese inflation data  for December. The consumer price index rose 2.5% on year, meeting expectations of 13 economists polled by The Wall Street Journal, and easing from a 3% gain in November. Signs of a cooling economy weighed on Hong Kong’s Hang Seng Index  HK:HSI   -0.91%  , which lost 0.1%, though the Shanghai Composite  CN:SHCOMP  

MarketWatch | Asian Markets at Close Report September 18, 2013: Nikkei hits 8-week high in mixed day for Asia

By Daniel Inman  Shares in Tokyo renewed an eight-week high, but Asian markets overall were mixed on Wednesday as cautious sentiment prevailed ahead of the conclusion of the much-anticipated U.S. Federal Reserve policy meeting.  The Fed will wrap up its meeting later Wednesday, with many investors expecting the central bank to start reducing the scale of its bond-buying program — a process that has become known as “tapering.” Tokyo Stock Exchange Japanese stocks advance Wednesday. “While the Fed itself has said nothing in recent weeks, market expectations have gradually coalesced around a view that the Fed is about to make a reasonably token beginning to the taper process,” said Ric Spooner, chief market analyst at CMC Markets. In Tokyo, strong index options buying helped push up the cash market with the Nikkei

MarketWatch | Asian Markets at Close Report September 12, 2013: Asian stocks mostly up as Tokyo lags.

By Daniel Inman  Asian markets were mostly higher on Thursday with Sydney hitting a fresh five-year intraday high, though a stronger yen weighed on Tokyo shares.  With a positive lead from the U.S., Asia was able to move slightly higher despite the absence of major trading cues. Stocks were moderating after strong gains earlier in the week brought about by further signs of a Chinese economic recovery and reduced expectations of a military intervention in Syria.  New iPhone Won't Store Fingerprints In the summer of Snowden, Apple chose to introduce a fingerprint sensor on its highest-end iPhone. Tenured professors at higher education institutions are certainly given more prestige than other lecturers. But are they better teachers? After rising 0.6% Wednesday to close at a multiyear high, the S&P/ASX 200 AU:XJO +0.16%  hit the highes