(Reuters)– Volatile global markets showed signs of a respite from the recent blood-letting on Tuesday, as bargain hunters helped Asian stocks off three-year lows hit on fears that China’s economy was risking a hard landing, with Chinese shares losing another 5 percent. Japan’s Nikkei average went down 369.02 points to 18171.66, while the broader Topix shed 29.99 points to 1450.77 on Tuesday. Later, Japan’s Nikkei erased most of its early losses after an intial […]
Tag: Asian stocks
Asia cheered by Wall Street rebound, dollar resumes advance
By Shinichi Saoshiro TOKYO Wed Sep 24, 2014 8:30pm EDT (Reuters) – Asian stocks rose early on Thursday, cheered by a sizeable overnight rebound on Wall Street, while the dollar resumed its advance after upbeat economic data undercut safe-haven bids and pushed yields higher. MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.1 percent, pulling away from a four-month low touched the previous day when U.S.-led air strikes in Syria stoked geopolitical concerns. Tokyo’s […]
Asia shares up but gains limited as Ukraine sours mood
(Reuters) – eked out gains on Monday after seeing Wall Street recover from the latest round of tensions in the Ukrainian crisis, although renewed uncertainty over the volatile conflict put a firm lid on markets. The dollar was on the back foot against the safe-haven yen, weighed by a slide in Treasury yields. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was up 0.1 percent. Tokyo’s Nikkei .N225 gained 0.1 percent. News late on […]
Asia stocks rise on brightening U.S. economic prospects
(Reuters) – Asian stocks basked in the glow of a record close on Wall Street after bright U.S. jobs data pointed to improving economic momentum, while the dollar gained on Monday on rising U.S. Treasury yields. U.S. jobs data on Friday showed that nonfarm payrolls increased by 217,000 last month, bringing employment back to its pre-recession level and validating the view that labor conditions are improving. The unemployment rate held steady at a 5-1/2 year […]





