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Indonesian shares close lower

Indonesian shares close lower JAKARTA, Dec. 11 (Xinhua) -- Indonesian shares went down by 3. 94 points, or 0.09 percent, to close at 4,271.74 on Wednesday. Some 113,693 transactions were booked, involving 4.6. billion shares worth 4.33 trillion rupiah (360.68 million U.S. dollars). There were 94 gainers, 156 losers, while 94 others remained flat.

Indonesian court jails ex-Islamic party head for graft

An Indonesian court has jailed the disgraced former head of the country's biggest Islamic party for 16 years over a scandal in which bribe money was laundered as gifts for dozens of women, including an adult magazine model. The controversy, which erupted when an aide was discovered in a hotel room with a naked college student, has shattered the clean image of the Prosperous Justice Party (PKS), damaging its chances at polls next year.

Asian markets mostly lower after upbeat US data

Asian markets mostly fell on Friday after better-than-forecast US growth data added to expectations the Federal Reserve will start to wind down its stimulus programme as early as this month. With the strong figures raising the likelihood the central bank will ease up on its bond-buying, the dollar edged up against the yen.

Asian markets mixed, eyes on US data

Asian markets were mixed on Wednesday, but traders are growing concerned that recent upbeat US data could prompt the Federal Reserve to begin cutting down its stimulus programme this month. Exporters listed on Japan's Nikkei suffered as profit-taking hit the dollar, which had been close to a six-month high against the yen on Tuesday. Tokyo tumbled 2.17 percent, or 341.72 points, to 15,407.94 and Seoul dropped 1.12 percent, or 22.56 points, to 1,986.80. Hong Kong fell 0.76 percent, or 181.77 points, to 23,728.70.

Indonesia posts small trade surplus in Oct.

Indonesia posts small trade surplus in Oct. JAKARTA, Dec. 2 (Xinhua) -- Indonesia registered an unexpected small trade surplus of 50 million U.S. dollars in October after recording a revised deficit of 810 million U.S. dollars in September, the national statistic agency announced here on Monday, as the central bank has aggressively risen the interest rate. Indonesia's export in October increased by 2.59 percent on a yearly basis to 15.72 billion U.S. dollars, while import was down by 8.9 percent to 15.67 billion U.S. dollars, Suryamin, head of Statistics Indonesia, said.

Asian shares mostly lower, Shanghai hit by IPO fears

Asian markets mostly fell on Monday, with Tokyo hit by profit-taking, while Shanghai tumbled on expectations China will restart initial public offerings in the new year, raising fears of a share glut. Investors seemed broadly unmoved by upbeat figures showing Chinese manufacturing continuing to expand in November.

Asian shares hit by Fed taper talk, Tokyo up on weak yen

Asian shares slipped Thursday after minutes from the Federal Reserve's latest meeting showed it was considering winding down its stimulus "in coming months". But Tokyo rallied as the comments sent the dollar surging against the yen. The regional decline followed losses on Wall Street as another batch of data provided evidence of an uptick in the US economy, fuelling fears the Fed's bond-buying could be nearing its end. Tokyo climbed 1.92 percent, or 289.52 points, to 15,365.60 as the dollar advanced against the yen, hitting a four-month high at one point.

Asia shares mostly up, helped by China reforms

Asian markets mostly rose on Monday, adding to last week's gains, with Hong Kong and Shanghai boosted by China's reforms aimed at giving private firms a greater role in the economy. Traders were given another strong lead from Wall Street, where the Dow and S&P 500 closed Friday at record highs for the third straight session. The dollar edged lower against the yen on profit-taking. Tokyo ended flat, giving up earlier gains following a four percent rise over the previous two sessions. The Nikkei edged down 1.62 points to 15,164.30.

Asian shares gain as markets await details from China meeting

Asian shares were mostly higher on Tuesday amid a lack of trading cues, as markets awaited the outcome of a major political meeting on economic reforms in China. Tokyo closed up 2.23 percent, with the Nikkei 225 index gaining 318.84 points to 14,588.68 as a weaker yen buoyed exporters. Seoul rose 0.92 percent, with a rally in Samsung shares helping lift the KOSPI 18.18 points to close at 1,995.48.

Asian shares mixed after positive US, China data

Asian shares were mixed Monday following positive economic data from the United States and China, with investors awaiting the outcome of a Beijing meeting debating major economic reforms. Trading sentiment was buoyed by strong US jobs figures and by healthy industrial production figures out of China -- further evidence of a steady recovery from a slowdown earlier in the year. Tokyo ended up 1.30 percent, or 183.04 points, at 14,269.84, Sydney closed down 0.25 percent, or 13.6 points, at 5,387.1 and Seoul ended down 0.38 percent, or 7.57 points, at 1,977.3.
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