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Indonesia Shares May Find Traction On Tuesday

The Indonesia stock market has finished lower in three straight sessions, tumbling almost 220 points or 3 percent along the way. The Jakarta Composite Index now sits just above the 7,160-point plateau although it\'s due for support on Tuesday. The global forecast for the Asian markets offers little clarity with the outlook for interest rates...

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Japanese Market Notably Higher

Recouping some of the losses in the previous session, the Japanese stock market is notably higher on Tuesday, with the Nikkei 225 moving well above the 39,900 level, despite the mostly negative cues from Wall Street overnight, with gains across most sectors led by index heavyweights and technology stocks. The benchmark Nikkei 225 Index is...

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Euro Slides Against Majors

The euro weakened against other major currencies in the Asian session on Friday. The euro fell to an 8-day low of 0.8535 against the pound, a 4-day low of 0.9720 against the Swiss franc and nearly a 2-week low of 162.94 against the yen, from early highs of 0.8550, 0.9736 and 163.55, respectively. Against the...

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Tokyo Core Inflation Softens In March

Core inflation in Japan\'s capital softened in March but continued to remain above the 2 percent target adding to the dilemma of the Bank of Japan as to how to steer the monetary policy after exiting negative interest rates earlier this month. Core inflation that excludes fresh food eased slightly to 2.4 percent, as expected,...

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