Asian stocks ended mixed on Friday, with Japanese markets leading regional gains on yen weakness while Seoul stocks tumbled amid an ongoing political turmoil in the country. Mainland Chinese and Hong Kong markets ended on a muted note after official data showed Chinas industrial profits dropped in November for a fourth straight month. Chinas Shanghai...
Industrial production in South Korea contracted a seasonally adjusted 0.7 percent on month in November, Statistics Korea said on Monday - missing forecasts for a decline of 0.4 percent following the flat reading in October. On a yearly basis, industrial output was up 0.1 percent - again shy of expectations for a gain of 0.4...
The Japan stock market has moved higher in three straight sessions, collecting almost 1,250 points or 3.3 percent along the way. The Nikkei 225 now sits just above the 40,280-point plateau, although investors are likely to cash in on Monday. The global forecast for the Asian markets is mixed to lower in this holiday-shortened week,...
Industrial output in South Korea was down a seasonally adjusted 0.7 percent on month in November, Statistics Korea said on Monday - missing forecasts for a fall of 0.4 percent following the flat reading in October. On a yearly basis, industrial output was up 0.1 percent - again shy of expectations for a gain of...
The Singapore stock market bounced higher again on Friday, one session after ending the two-day winning streak in which it had collected more than 50 points or 1.3 percent. The Straits Times Index new rests just above the 3,770-point plateau although its likely to see renewed selling pressure on Monday. The global forecast for the...
The manufacturing sector in Japan continued to contract in December, albeit at a slower pace, the latest survey from Jibun Bank revealed on Monday with a manufacturing PMI score of 49.6. Thats up from 49.0 in November, although it remains beneath the boom-or-bust line of 50 that separates expansion from contraction. Latest data showed there...
The Hong Kong stock market on Friday snapped the two-day winning streak in which it had advanced more than 360 points or 1.8 percent. The Hang Seng Index now sits just above the 20,090-point plateau, and the losses are likely to accelerate on Monday. The global forecast for the Asian markets is mixed to lower...
The Thai stock market bounced higher again on Friday, one day after ending the three-day winning streak in which it had advanced more than 35 points or 2.5 percent. The Thai stock market now rests just above the 1,400-point plateau, although its likely to slip back beneath that support again on Monday. The global forecast...
The Australian stock market is trimming its early gains in mid-market trading on Friday, but adding to the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well above the 8,200 level, with gains across most sectors led by mining and technology stocks. The...
French stocks edged higher on Friday and the euro was seeing marginal gains against the U.S. dollar as trading resumed after the Christmas holidays. The benchmark CAC 40 was up 21 points, or 0.3 percent, at 7,304 in cautious trade. Banks traded higher, with BNP Paribas, Credit Agricole and Societe Generale rising 1-2 percent amid...