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Asian shares mixed after Wall St losses

Asian markets were mixed Thursday following losses on Wall Street, while Japanese traders were disappointed by the lack of any progress on a stalled Pacific trade pact as US President Barack Obama visits Japan. The euro edged up against the dollar, adding to gains Wednesday after a survey of business activity hit its highest level in almost three years in April. Tokyo, which rose more than one percent Wednesday, tumbled 0.97 percent, or 141.28 points, to 14,404.99 and Seoul lost 0.10 percent, or 2.03 points, to end at 1,998.34.

Asian shares mixed after Wall St losses

Asian markets were mixed Thursday following losses on Wall Street, while Japanese traders were disappointed by the lack of progress on a stalled Pacific trade pact as US President Barack Obama visits Japan. The euro edged up, adding to gains Wednesday after a survey of business activity hit its highest level in almost three years in April.

Asian shares mixed after Wall St losses

Asian markets were mixed Thursday following losses on Wall Street, while Japanese traders were disappointed by the lack of progress on a stalled Pacific trade pact as US President Barack Obama visits Japan. The euro edged up, adding to gains Wednesday after a survey of business activity hit its highest level in almost three years in April.

Dollar weaker in Asia as US, Japan fail to seal trade deal

The dollar weakened in Asia Thursday as the United States and Japan failed to break a deadlock holding up a Pacific-wide trade deal, with US President Barack Obama urging Tokyo to take "bold steps" to reach agreement. The greenback changed hands at 102.30 in Tokyo, down from 102.50 yen in New York Wednesday. The euro was at $1.3822 and 141.40 yen, against $1.3816 and 141.61 yen in US trade, where the single currency won support from an upbeat report on eurozone business activity.

Dollar weaker in Asia as Obama, Abe holds talks

The dollar weakened in Asia on Thursday with traders eyeing a visit by US President Barack Obama to Japan hoping for some progress on stalled talks over a Pacific-wide free-trade zone. The greenback changed hands at 102.34 in Tokyo midday trading, down from 102.50 yen in New York Wednesday. The euro bought $1.3819 and 141.49 yen, against $1.3816 and 141.61 yen in new York, where the single currency won support from an upbeat report on eurozone business activity.

Asian shares mostly lower after Wall St losses

Asian markets mostly fell on Thursday, taking a lead from Wall Street, while Japanese traders are sitting back ahead of the corporate earnings season. The euro held on to gains enjoyed on Wednesday after a survey of business activity hit its highest level in almost three years in April. Investors are also keeping an eye on US President Barack Obama's visit to Japan, hoping he will mention some progress on talks over a stalled Pacific-wide trade pact.

Kiwi flies after RBNZ keeps calm on currency strength

By Naomi Tajitsu WELLINGTON (Reuters) - The New Zealand dollar hit a one-week high on Thursday, boosted after the country's central bank suggested that currency strength was not yet a deterrent to further interest rates rises, while also signaling that another hike may come at its next meeting. The kiwi climbed to $0.8626 in the Australasian session, after the Reserve Bank of New Zealand raised rates by 25 basis points to 3.0 percent in a widely expected decision.

Solid eurozone PMI report boosts euro

Euro rose against the dollar Wednesday after a positive report on eurozone business activity pointed to recovery momentum in the single-currency economy. Markit Economics said its Eurozone Composite Purchasing Managers Index for April, a leading indicator of manufacturing and services activity, jumped to 54 points from 53.1 in March, the highest PMI reading since May 2011. "The eurozone has started the second quarter on a solid footing," said Markit chief economist Chris Williamson. The euro climbed to $1.3816 at 2100 GMT, up from $1.3804 late Tuesday.

Solid eurozone PMI report boosts euro

Euro rose against the dollar Wednesday after a positive report on eurozone business activity pointed to recovery momentum in the single-currency economy. Markit Economics said its Eurozone Composite Purchasing Managers Index for April, a leading indicator of manufacturing and services activity, jumped to 54 points from 53.1 in March, the highest PMI reading since May 2011. "The eurozone has started the second quarter on a solid footing," said Markit chief economist Chris Williamson. The euro climbed to $1.3816 at 2100 GMT, up from $1.3804 late Tuesday.

Asian shares mixed, China manufacturing improves

Asian markets were mixed on Wednesday following another Wall Street rally while a provisional report showed a slight improvement in Chinese manufacturing activity this month. The dollar held up against against the yen, with traders keeping watch on US President Barack Obama's visit to Asia that starts in Japan later in the day. Tokyo jumped 1.09 percent, or 157.50 points, to 14,546.27, Sydney added 0.7 percent, or 38.5 points, to 5,517.8, while Seoul lost 0.19 percent, or 3.85 points, to end at 2,000.37.
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