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Asian stock markets rise in abbreviated trading

BEIJING, China - Asian stocks were mostly higher in trading muted by Good Friday observance. Markets in Europe, the U.S. and many countries in Asia were closed for the holiday. Oil trading also was suspended. Among the markets that traded, Tokyo's Nikkei 225 gained 0.7 per cent to 14,516.27 while China's Shanghai Composite Index shed 0.1 per cent to 2,097.75 after data earlier this week showed economic growth slowed to its lowest level since 2012.

World stock markets subdued ahead of holiday, Nikkei flat as investors lock in profits

HONG KONG - World stocks were subdued Thursday ahead of a long weekend for many markets, with Japan's Nikkei faltering as investors locked in profits after a strong rally. Profit taking set in following a sharp rise in Tokyo the day before and as comments from the country's central bank governor left investors unimpressed.

Asian stock markets struggle to match Wall Street gains

HONG KONG - Asian stock markets were mostly lower Thursday, with Japan's Nikkei leading the retreat as investors locked in profits after a strong rally. Profit taking set in following a sharp rise in Tokyo the day before and as comments from the country's central bank governor left investors unimpressed. Other regional benchmarks were unable to find direction in spite of optimism in the U.S., where major benchmarks closed at least 1 per cent higher, and Federal Reserve Chair Janet Yellen said the central bank would continue to provide stimulus for the job market.

Tech stocks lead Asian stock markets lower after Nadaq's worst day since 2011

SEOUL, South Korea - Asian stock markets were lower Friday as investors dumped technology stocks again. The falls in Asia came after an overnight plunge in the Nasdaq Composite that led to the tech-heavy index's worst day since 2011. Tokyo's Nikkei 225 lost 2.1 per cent to 14,000.43 and South Korea's Kospi slipped 1 per cent to 1,989.07. Hong Kong's Hang Seng dropped 0.8 per cent to 23,005.76 and China's Shanghai Composite Index fell 0.6 per cent to 2,121.71. Australia's S

Tech stocks lead Asian stock markets lower after Nadaq's worst day since 2011

SEOUL, South Korea - Asian stock markets were lower Friday as investors dumped technology stocks and a drop in U.S. jobless claims failed to boost investor confidence. The falls in Asia came after an overnight plunge in the Nasdaq Composite that led to the tech-heavy index's worst day since 2011. Tokyo's Nikkei 225 lost 2.3 per cent to 13,974.65 and South Korea's Kospi slipped 0.9 per cent to 1,989.88. Hong Kong's Hang Seng dropped 0.7 per cent to 23,033.68 and China's Shanghai Composite Index fell 0.6 per cent to 2,121.71. Australia's S

Korean won hits near 6-year high per dollar

SEOUL, April 9 (Yonhap) -- The South Korean currency on Wednesday rose to its highest against the U.S. dollar since the 2008 global financial crisis amid the dollar's weakness and foreigners' stock buying, dealers said. The local currency ended at 1,041.40 won per the greenback, up 10.80 won from the previous session. It marked the highest closing since Aug. 14, 2008 when the won hit 1,039.80 per the dollar. The won touched an intra-day high of 1,040.10 versus the dollar at one point.

Asian stock markets rise on US manufacturing data, Japan stimulus hopes

MUMBAI, India - Asian stock markets pushed higher Wednesday on signs of a pickup in the U.S. economy and expectations of further stimulus in Japan. Tokyo's Nikkei 225 led the gains, rising 1.8 per cent to 15,050.79 after a weak outlook for companies raised hopes the Bank of Japan would launch additional monetary stimulus in coming months. Hong Kong's Hang Seng was up 0.4 per cent at 22,535.43 and South Korea's Kospi edged 0.2 per cent higher to 1,996.12.

Asian stock markets muted as China manufacturing reports suggest growth slowed in 1Q

TOKYO - Asian stock markets were muted Tuesday as manufacturing surveys suggested China's economy slowed in the first quarter. The Nikkei 225, the main index for the Tokyo Stock Exchange, was down 0.2 per cent at 14,801.69. Japan's sales tax on Tuesday rises to 8 per cent from 5 per cent, a change needed to help stabilize government finances but also a possible setback for consumer demand and economic recovery. Asian markets were dampened by two surveys that showed weakness in China's manufacturing.

S. Korea's top firms hold shareholder meetings concurrently

SEOUL, March 21 (Yonhap) -- South Korea's top firms listed on the main and tech-heavy exchanges held their annual general shareholder meetings concurrently on Friday and approved appointments of corporate directors, set new rules governing wages of top executives and outlined growth plans. According to the Korea Securities Depository (KSD), a total of 662 listed companies whose fiscal year ended in December held their shareholders' meeting during the day.

World markets bounce as US economic data helps investors overlook Fed tightening fears

HONG KONG - World stock markets bounced back Friday as upbeat U.S. economic data helped shake off worries about future increases in U.S. interest rates. Trading in Asia was subdued as Japanese markets were closed for a public holiday. The Conference Board index of leading indicators, a measure of U.S. economic health, rose in February by the largest amount in three months, suggesting growth should bounce back following a harsh winter. Separately, U.S. jobless benefits rose to near pre-recession levels, suggesting stable job market in the world's largest economy.
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