Japanese shares plummeted in the aftermath of what Prime Minister Naoto Kan describes as Japan’s worst disaster since 1945. The Nikkei 225 Index plunged 6.2%, wiping out this year’s gains and hitting its lowest level in four mo…
Japan suffered a massive 8.8 earthquake Friday, the strongest to occur in the past century, sending Asian stock markets tumbling. In Japan the Nikkei 225 Index spiraled down 1.7% and in Hong Kong the Hang Seng Index dropped 1.6…
Asian markets rose Wednesday on news that Japan’s economy may finally be bouncing back. Figures released yesterday show that machinery orders in Japan jumped 4.2% in January over December, sending the Nikkei up 0.6%. In Hong Ko…
Investors in Asia were quick to react to a report that China has canceled its last round of reserve ratio hikes, sending markets up on Tuesday. The Hang Seng rose 1.7% in Hong Kong, the Shanghai Composite inched up 0.1%, and in…
Markets in Asia reacted to a surge in the price of oil, which crossed the $106 per barrel today. In Hong Kong the Hang Seng Index dipped 0.4% and in Japan the Nikkei 225 Index tumbled 1.8%. Meanwhile, China’s Shanghai Composit…