Japanese Unemployment Down, Nikkei Inches Up

In Asia Friday Japan’s Nikkei 225 Index inched up 0.4% to 9,404. Markets in Hong Kong and Shanghai were closed for National Day celebrations.
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Asian Economies to Grow by 8.2% in 2010

Asian economies will grow by 8.2% in 2010, according to a new report.

“Strong export recovery, robust private demand, and the sustained effects of stimulus policies allowed the region to experience solid growth in the first half of 2010,” The Asian Development Bank said. “This improved performance is broad-based and is projected to carry on for the rest of the year.”

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Continue reading Asian Economies to Grow by 8.2% in 2010

Asian Economies to Grow by 8.2% in 2010 originally appeared on DailyFinance on Tue, 28 Sep 2010 08:29:00.

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Takefuji Bankruptcy Drags Japanese Lenders Lower

A bankruptcy filing by Takefuji Corp., one of Japan’s biggest lenders, sent the Nikkei tumbling more than 1% Tuesday. The news sent Takefuji’s stock down 32%, dragging other Japanese lenders lower as well.
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