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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.

Financial regulator to ease requirements on IPOs

SEOUL, April 15 (Yonhap) -- South Korea's financial regulator unveiled Tuesday a plan to improve the corporate financing environment by promoting initial public offerings (IPOs) and invigorating the moribund local capital market. The Financial Services Commission (FSC) said it will remove hurdles to stock listings and ease rules on filing and disclosing corporate financial information to the extent that it does not hurt the interests of investors.

Financial regulator to ease requirements on IPOs

SEOUL, April 15 (Yonhap) -- South Korea's financial regulator unveiled Tuesday a plan to improve the corporate financing environment by promoting initial public offerings (IPOs) and invigorating the moribund local capital market. The Financial Services Commission (FSC) said it will remove hurdles to stock listings and ease rules on filing and disclosing corporate financial information to the extent that it does not hurt the interests of investors.

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

Regulator to unveil plan to promote IPO

SEOUL, April 11 (Yonhap) -- South Korea's financial regulator will remove hurdles for initial public offerings (IPOs) on the country's stock market in a bid to invigorate a sector that has been on a downward spiral, sources said Friday.

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.

S. Korean listed firms' debt ratio falls in 2013

SEOUL, April 9 (Yonhap) -- South Korean listed firms saw their debt ratio fall last year as they stepped up efforts to improve their financial status amid protracted economic uncertainties, data showed Wednesday. The average debt ratio for 568 companies traded on the Seoul main bourse came to 88.19 percent at the end of last year, down 4.5 percentage points from a year ago, according to the data compiled by the Korea Exchange (KRX).
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