A small drop in Japanese factory output meant big headaches for manufacturers today as the Nikkei 225 Index fell 2%. China’s Shanghai Composite rose 1.7% and in Hong Kong the Hang Seng Index inched down 0.1%.
C…
Countries from Japan to Brazil and Mexico to Malaysia are trying to intervene in currency markets to alter the value of their currency. The widespread dependence on exports is the prime reason for these moves, which can be tric…
Asian markets were mixed on Tuesday. In Japan the Nikkei 225 Index fell 0.2% to 9,602 and in Hong Kong the Hang Seng rose 0.1% to 22,003. China’s Shanghai Composite Index gained 0.1% to end the day at 2,592.
Co…
Asian markets closed lower Thursday. Whispers that Chinese banking regulators might boost capital adequacy ratios sent shudders through the market and shares in Chinese banks lower. The Shanghai Composite Index sank 1.9% and in…
Japan finally intervened in foreign exchange markets for the first time since 2004 to stop the relentlessly rising yen, pushing it sharply lower. As a result, Japanese stocks surged over 2%, led by exporters.
Following Tuesday’s win of Prime Minister …