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Asian shares rise, China growth beats forecasts

Asian markets mostly rose Wednesday following a second straight rally on Wall Street, while Chinese economic growth came in slightly above forecasts in the first three months of the year. Japan's Nikkei led regional gains thanks to a weaker yen after the head of the country's central bank said it was on course to meet its inflation target next year. Tokyo surged 3.01 percent, or 420.87 points, to finish at 14,417.68 and Sydney added 0.6 percent, or 32.1 points, to 5,420.3. Seoul was flat, edging down 0.06 points to 1,992.21.

Yen weakens in Asia as buoyant stocks boost sentiment

The yen weakened in Asia on Wednesday as the head of the Bank of Japan said the country was on target to meet its inflation target next year while buoyant equity markets lifted investor sentiment. In Tokyo afternoon trading, the greenback fetched 102.19 yen, up from 101.94 yen on Tuesday in New York, as traders moved out of the Japanese unit which is seen as a safe haven during times of turmoil and uncertainty. The euro also rose to 141.27 yen from 140.80 yen, while the single currency fetched $1.3824 against $1.3813 in US trade.

Asian shares rise, China growth beats forecasts

Asian markets mostly rose Wednesday following a second straight rally on Wall Street, while Chinese economic growth came in slightly above forecasts in the first three months of the year. Japan's Nikkei led regional gains thanks to a weaker yen after the head of the country's central bank said it was on target to meet its inflation target next year. Tokyo surged 3.01 percent, or 420.87 points, to finish at 14,417.68 and Sydney added 0.6 percent, or 32.1 points, to 5,420.3. Seoul was flat, edging down 0.06 points to 1,992.21.

Asian shares mostly up, China growth beats forecasts

Asian markets mostly rose on Wednesday following a second straight rally on Wall Street, while Chinese economic growth came in slightly above forecasts in the first three months of the year. Japan's Nikkei led regional gains thanks to a weaker yen after the head of the country's central bank said it was on target to meet its inflation target next year. Tokyo jumped 2.26 percent by the break, Hong Kong added 0.51 percent and Sydney gained 0.36 percent and Seoul was 0.10 percent higher but Shanghai was down 0.23 percent.

Asian shares mixed ahead of China data

Asian markets were mixed on Wednesday following another rally on Wall Street but investors were keeping their focus on the release later in the day of Chinese first-quarter economic growth data. The yen dipped after the head of the Japanese central bank said the country was on target to meet its inflation target next year. Tokyo jumped 1.79 percent, Hong Kong added 0.40 percent and Sydney gained 0.39 percent but Shanghai eased 0.13 percent and Seoul was 0.20 percent off.

After two bumper years, Toyota braces for shift to slower growth

By Yoko Kubota and Maki Shiraki TOYOTA CITY, Japan/TOKYO (Reuters) - Toyota Motor Corp <7203.T> is set to post record growth for the year just ended - with a likely $10 billion surge in operating profit - but the mood at its HQ in Japan's prosperous automotive heartland is cautious as executives warn of a leaner year ahead.

Asian shares mixed after Wall St bounce

Asian markets were mixed on Tuesday, with Wall Street providing a strong lead after rebounding from a two-day sell-off thanks to better-than-expected retail sales data. Hong Kong and Shanghai were the main losers ahead of the release Wednesday of Chinese growth figures that are forecast to show a further slowdown in the economic giant. Tokyo rose 0.62 percent, or 86.65 points, to finish at 13,996.81 and Sydney closed up 0.55 percent, or 29.3 points, at 5,388.2 while Seoul eased 0.24 percent, or 4.75 points, to 1,992.27.

Asian shares mixed after Wall St bounce

Asian markets were mixed on Tuesday, with Wall Street providing a strong lead after rebounding from a two-day sell-off thanks to better-than-expected retail sales data. However, Hong Kong and Shanghai lagged the regional uptrend ahead of the release Wednesday of Chinese growth figures that are forecast to show a further slowdown in the economic giant. Tokyo rose 0.82 percent by the break, Sydney added 0.69 percent and Seoul put on 0.10 percent, but Hong Kong slipped 0.57 percent while Shanghai shed 0.80 percent.

Asian shares mixed after Wall St bounce

Asian markets were mixed on Tuesday, with Wall Street providing a strong lead after rebounding from a two-day sell-off thanks to better-than-expected retail sales data. However, Hong Kong and Shanghai lagged the regional uptrend ahead of the release Wednesday of Chinese growth figures that are forecast to show a further slowdown in the economic giant. Tokyo rose 0.62 percent, or 86.65 points, to finish at 13,996.81 and Sydney closed up 0.55 percent, or 29.3 points, at 5,388.2 while Seoul eased 0.24 percent, or 4.75 points, to 1,992.27.

Tokyo stocks close up 0.62%

Tokyo stocks rose 0.62 percent Tuesday after a rally on Wall Street and as the yen weakened against the dollar in response to upbeat US economic data. The benchmark Nikkei 225 index added 86.65 points to finish at 13,996.81, while the Topix index of all first-section shares climbed 0.29 percent, or 3.33 points, to 1,136.09. After heavy losses last week all three main indexes on Wall Street rallied Monday as traders welcomed a solid earnings report from Citigroup and encouraging retail sales data.
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