Asian shares lower, Tokyo hurt by rising yen
By Sam Reeves
Asian shares mostly fell Wednesday on profit-taking after recent gains, with Tokyo suffering heavy losses as the yen rebounded strongly following weeks of steep declines.
Asian shares mostly fell Wednesday on profit-taking after recent gains, with Tokyo suffering heavy losses as the yen rebounded strongly following weeks of steep declines.
HONG KONG—Asian shares were mixed Tuesday on a lack of direction from Wall Street, but Tokyo hit a 32-month high on hopes for new central bank easing despite giving up early gains as the yen rebounded. Some bourses advanced early in the session on reassurances from Fed chief Ben Bernanke that quantitative easing was [...]
Asian markets rose sharply on Wednesday after the US Congress backed a deal to avert a “fiscal cliff” of drastic tax rises and spending cuts in an upbeat start to the year for regional markets.
Asian shares were mixed Tuesday as fears about the eurozone and a slowdown in China were offset by hopes the US central bank chief would this week outline steps to boost the world’s biggest economy.
Asian markets fell Wednesday despite better-than-expected US and European data, while Standard Chartered bank rebounded after settling claims it helped Iranian firms dodge US sanctions.
Asian markets fell on Tuesday, as weakening demand for imports in China provided new evidence of a slowdown in the region’s biggest economy and investors shrugged off a eurozone bid to help Spain.
Asian markets slumped on Monday after disappointing US jobs data raised fresh fears about the world’s biggest economy and amid renewed concern about China’s slowing growth.
Asian markets were mixed Thursday as investors took to the sidelines following recent gains and waited for a European Central Bank meeting amid expectations of an interest rate cut.
Asian markets mostly rose on Wednesday following a lead from Wall Street and Europe and amid rising hopes that central banks are poised to act to boost economic growth.
Asian markets ended mixed Monday and the euro was down as a rally sparked by last week’s surprise eurozone deal fizzled out, with weak manufacturing data from China also weighing on investors.
Asian markets were mixed Thursday as a positive lead from Wall Street was offset by low expectations of concrete action at a key EU summit to resolve the spiraling eurozone crisis.
Asian markets mostly fell on Tuesday following losses on Wall Street as initial excitement over a multibillion-dollar bailout for Spain’s banks faded.
