Page 12 - Asian Stocks

Asian stocks slip as chips drag, yen nears 3-month low before BOJ decision

Yen hovered close to a three-month low against the dollar, weighed down by political instability after a drubbing for Japan's ruling coalition in parliamentary elections last weekend

Asia shares stumble on China headwinds; gold and bitcoin buoyant

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.22 per cent in early trade, tracking a decline in Chinese assets

Asian shares mixed, dollar drifts before megacap earnings, jobs data

Crude ticked up slightly following its plunge on Monday on signs the war in the Middle East would not widen

Asian shares rise as yen dips after Japan's ruling party loses majority

Asian shares rose on Monday as the yen dipped in the midst of political uncertainty after Japan's ruling party lost its majority in Parliament's lower house in weekend elections. In currency trading, the US dollar rose to 153.76 Japanese yen from 152.24 yen. It was trading at 140-yen levels last month. The euro cost USD 1.0796, down form USD 1.0803. The weak yen is a boon for Japan's giant exporters like Toyota Motor Corp., whose stock gained 3.7 per cent in Tokyo trading. Nintendo Co. gained 2.6 per cent, while Sony Corp. rose nearly 2.0 per cent. Japan's ruling Liberal Democratic Party is still the top party, but several members failed to win reelection in Sunday's vote after a scandal involving unreported campaign funding. All told, the ruling coalition with junior partner Komeito secured 215 seats, down sharply from the majority of 279 it previously held, according to Japanese media. A change of government is not expected but the LDP may need a third coalition partner. Tokyo .

Asian shares mostly higher, Japan's Nikkei falls ahead of weekend election

Asian stocks were mostly higher Friday aside from in Japan, where investors were awaiting the outcome of an election on Sunday. US futures fell and oil prices rose. Japanese Prime Minister Shigeru Ishiba, who took office just weeks ago, called the snap general election to drum up support as the ruling Liberal Democrats grapple with a political funding scandal. Recent upheavals have added to uncertainty for markets, complicating the Bank of Japan's efforts to shift away from long-standing near-zero interest rates. Core inflation in Japan's capital was 1.8% in October, lower than the central bank's 2% target for the first time in five months, the government reported. That reinforced expectations that the central bank will keep its key interest rate unchanged at a policy meeting next week. Tokyo's Nikkei 225 index lost 1% to 37,771.79, while the Japanese yen rose against the U.S. dollar. Early Friday, the dollar was trading at 151.64 yen, down from 151.89 yen. Hong Kong's Hang Seng a

Asian stock markets set for blockbuster week as 'animal spirits' return

Around 20 companies from Asia Pacific are listing shares next week in deals that may raise as much as $8.3 billion

Asian stocks cautious after mixed China data, dollar firm on Fed view

US currency was also supported by recent market contemplation of a potential election victory for Donald Trump

'Trump trade' boosts dollar, Asian stocks await China housing policy news

Global bonds rallied after a surprisingly large drop in British inflation and as the European Central Bank is expected to announce its first back-to-back rate cut in 13 years

Asian markets decline as chip stocks fall, China remains in focus

The euro loitered around two month lows and last fetched $1.0887 in early trading ahead of the European Central Bank's policy meeting on Thursday, where the central bank is largely expected to cut

Asian stocks ease, dollar strengthens as traders weigh US interest rates

Oil prices were steady and gold traded just below a record high touched last week as investors awaited US labour data

Asian shares hold steady amid China stimulus, Japan rate fears hit Nikkei

The week is packed with major US economic data including a payrolls report that could decide whether the Federal Reserve delivers another outsized rate cut in November

Asian stocks, Wall Street futures edge up, China lowers repo rate

China's central bank surprised many by lowering its 14-day repo rate by 10 basis points

Asian stocks and dollar gain as Fed Reserve charts 'soft landing' path

Futures rose 0.6 per cent in the Asia day and Nasdaq futures were up 0.9 per cent

Stock Market Highlights, Sept 12: Benchmarks log record close; Sensex adds 1439pts, Nifty near 25400

Stock Market Highlights: The BSE Sensex crossed the 83,000-mark and the Nifty surpassed the 25,400 level for the first time today in the intraday trade

Asian stocks shaky ahead of US presidential debate; oil at 3 year lows

That has left investors skittish in Asian hours, with MSCI's broadest index of Asia-Pacific shares outside Japan 0.08% lower. Japan's Nikkei fell 1% in early trading

Asian share mkts off to a quiet start, dollar firm ahead of US jobs report

The dollar was hanging on to gains made on Friday after upbeat spending figures led markets to trim the chance of a half-point easing from the Federal Reserve

Asian shares set for solid monthly gain, dollar dips on US rate cut bets

Solid growth and resilience in the world's largest economy trumped investors' disappointment on Nvidia's underwhelming results

Asian shares track Wall Street futures lower as Nvidia's results disappoint

Investors now await US weekly jobless claims, which have gained prominence

Asian shares slip amid US rate cut hopes, Mideast tensions sap confidence

Gold prices were just shy of a record peak, while the dollar firmed and the yen hovered near its highest

Asian shares turn cautious with US Fed in focus, yen up as BOJ chief speaks

Traders see very little chance that BOJ could hike rates in Oct after recent sell-off, but Ueda said the central bank stood ready to raise rates if economy and prices move in line with its forecast