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TOKYO, Japan (Reuters) — Asian stocks posted their biggest rise in two weeks on Tuesday (December 6) as investors judged the selloff after Italy’s referendum was overdone, with robust U.S. economic data also helping sentiment. Japan’s benchmark Nikkei average opened up 1.00 percent at 18,457.20 on Tuesday, while the broader Topix gained 0.98 percent to 1,481.35. Hong Kong Hang Seng index opened up 0.8 percent, standing at 22694.27 points. South Korea climbed 1 percent in […]
TOKYO, Japan (Reuters) — Asian shares rebounded on Thursday (November 10) and the dollar firmed in a remarkable snapback from the shock of Republican Donald Trump’s presidential victory, though the speed of the reversal left some market watchers scratching their heads. The Nikkei duly recouped all of Wednesday’s (November 9) 5 percent loss and more to trade up roughly 6 percent as the yen weakened following the previous session’s surge. In South Korea, the Korea […]
SEPTEMBER 7 (Reuters) — Asian shares got off on the back foot on Wednesday (September 2) after weak manufacturing activity reports from both the U.S. and China sent Wall Street reeling, while the dollar steadied after steep losses. The Nikkei rose 0.6 percent to 18,275.60 in mid-morning trade after falling to a low of 17,857.30 soon after the market opened. The benchmark index tumbled 3.8 percent on Tuesday (September 1) after surveys showed China’s factory […]
