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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.

Oil prices slip after weak Chinese trade data

Oil prices eased in Asian trade Thursday on weak Chinese trada data, but losses were curbed by upbeat sentiment over US demand and lingering doubts about the full resumption of Libyan exports, analysts said. New York's main contract West Texas Intermediate (WTI) for May delivery dropped 27 cents to $103.33 a barrel in afternoon trade and Brent North Sea crude for May slid 40 cents to $107.58.

China says no major stimulus planned; March trade weak

By Aileen Wang and Adam Rose BOAO/BEIJING (Reuters) - Chinese Premier Li Keqiang ruled out major stimulus to fight short-term dips in growth, even as big falls in imports and exports data reinforced forecasts that the world's second-largest economy has slowed notably at the start of 2014. Li stressed on Thursday that job creation was the government' policy priority, telling an investment forum on the southern island of Hainan that it did not matter if growth came in a little below the official target of 7.5 percent.

China imports, exports slump in March

Chinese exports and imports fell sharply in March, data showed Thursday, as officials acknowledged the economy faced headwinds owing to tougher competition from neighbours and "friction" with trade partners. Imports slumped 11.3 percent year-on-year to $162.4 billion while exports fell 6.6 percent to $170.1 billion, the General Administration of Customs announced, resulting in a surplus of $7.7 billion. China recorded a surprise deficit of $884 million in March last year.

Special Report: The princeling of private equity

By Stephen Aldred and Irene Jay Liu HONG KONG, April 10 (Reuters) - The 28-year-old wears black-framed glasses perched on cheeks still round with youth. A discerning eye might notice the resemblance to his grandfather: former Chinese president and Communist Party leader Jiang Zemin.

Asian shares mixed, tech firms follow US peers down

Asian markets were mixed on Tuesday following another heavy sell-off on Wall Street, with technology stocks taking a beating, while a stronger yen added to downward pressure on Japan's Nikkei. Eyes are also on a news conference by the head of the Bank of Japan after its latest policy meeting, its first since a controversial tax rise took effect at the start of the month. Tokyo sank 1.36 percent, or 201.97 points, to 14,606.88 and Sydney was down 0.06 percent, or 3.1 points, at 5,410.6, while Seoul added 0.17 percent, or 3.33 points, to close at 1,993.03.

China regulator to require bank stress tests: paper

By Gabriel Wildau SHANGHAI (Reuters) - The China Banking Regulatory Commission (CBRC) has said it will conduct regional and national stress tests after banks saw a spike in bad loans last year, the Shanghai Securities News reported on Friday, reflecting growing concerns over credit risk.

China aims to shore up growth with mini stimulus targeting small firms, railways, housing

HONG KONG - China's leaders have unveiled a mini-stimulus aimed at shoring up sputtering growth in the world's No. 2 economy. Under the measures announced by Premier Li Keqiang, small businesses will get bigger tax breaks, social housing will be built to replace shantytowns and railway construction will be sped up. Li, China's top economic official, announced the new measures on Wednesday evening after a regular meeting of the State Council, China's cabinet.
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