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TOKYO, Japan (AFP) — Tokyo stocks dropped again Wednesday to their lowest level since late 2014, as fears of a global recession hammered investor confidence ahead of testimony by the head of the US central bank. The plunge came the day after the benchmark Nikkei index posted a 5.4-percent drop, its steepest one-day decline in percentage terms since June 2013. On Wednesday, the Nikkei slipped 2.31 percent, or 372.05 points, lower at 15,713.39, the lowest […]
Asian equities were subdued on Friday (February 5) and the dollar wobbled ahead of the closely watched U.S. jobs report, which could provide clues on the Federal Reserve’s monetary policy outlook. The markets will look to the U.S. jobs data for direction, with the employment report expected to how employers adding 190,000 jobs in January, the median estimate of 108 economists polled by Reuters. Japan’s benchmark Nikkei stock average was down 1 percent despite an […]
Japan’s Nikkei average went up 240.29 to 16949.19, while the broader Topix rose 23.08 points to 1383.31. South Korean shares bounded up early on Wednesday, helped by an overnight bounce on Wall Street and in crude oil prices while retail investors scrambled for bargains but gains were capped by weak China stocks and the pending outcome of a U.S. Federal Reserve meeting. The Korea Composite Stock Price Index (KOSPI) was up 0.7 percent at 1,1884.61 […]
Battered crude oil prices bounced back from their lows on Thursday (January 21, 2015), propelling solid gains in Asian shares and the dollar. Thursday’s gains built on Wall Street’s consolidation overnight in which major indexes finished with declines of more than 1 percent, but well off the 3 percent plus they plumbed in the previous session when U.S. crude had dropped to 2003 lows. Japan’s benchmark Nikkei average added 0.5 percent early after plunging 3.7 […]
Asian shares slid to their lowest levels since late 2011 on Monday (January 18) after weak U.S. economic data and massive falls in oil prices stoked further worries about a global economic downturn. Oil prices fell as much as four percent on Monday, with international benchmark Brent futures falling below $28 per barrel, touching their lowest level since 2003. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 1.0 percent in early trade, extending its […]
Japan’s Nikkei share average tumbled 4 percent on Thursday (January 14) morning after Wall Street languished on worries about weak oil prices and a slowdown in the global economy, battering global cyclical stocks such as exporters. The Nikkei 225 stumbled 3.7 percent to 17,063.21 in mid-morning trade after hitting as low as 17,004.12, the lowest since late September of 2015. If the benchmark index falls below 16,901.49, an intraday low marked on September 29, 2015 […]
