TOKYO (Reuters) – Asian shares got off to a tentative start on Friday after a weak performance on Wall Street, and global bond yields dropped on creeping doubts on the strength of the U.S. economic recovery.
Japan’s Nikkei dipped 0.3 percent in early trade while South Korean shares fell 0.5 percent. MSCI’s broadest index of Asia-Pacific shares outside Japan was flat.
TOKYO (Reuters) – Three Japanese “semi-public” pension funds aggressively bought Tokyo stocks in recent weeks, market sources said, acting before a review of their asset allocation policies is complete.
The funds’ buying helped Japanese shares to rally more than 10 percent in just over a month – though one source said the buying may come to a halt before month-end, posing the threat of a near-term correction to the market.All three funds declined to comment on whether they bought shares in the last two months.
NEW YORK (Reuters) – The Australian dollar jumped to test its year-to-date peak on Monday after a Chinese manufacturing survey showed surprisingly big improvements.
The Canadian dollar also hit a five-month high, building on to its 0.6 percent gain against the greenback on Friday as surprisingly high Canadian inflation data and robust retail sales figures challenged the central bank’s accommodative policy stance.
TOKYO, June 19 (Reuters) – The yield on the 30-year Japanese
government bonds jumped 5.5 basis points on
Thursday, its biggest daily rise in over a year, after the Bank
of Japan said it would reduce the amount of buying in that
The longest maturities bucked the overall market trend as
their shorter peers held firm after the U.S. Federal Reserve
struck a dovish tone, showing no particular discomfort with
SYDNEY/TOKYO, June 18 (Reuters) – The U.S. dollar held onto
modest gains on Wednesday, following its broad strengthening
after U.S. consumer prices had their largest increase in more
than a year in May, sparking speculation the Fed may inch closer
to rate hikes.
The dollar index last stood at 80.607, having climbed
0.2 percent on Tuesday. Against the yen, the greenback reached a
one-week high of 102.245, while the euro retreated from a
one-week peak hit on Tuesday to $1.3547.
TOKYO, June 17 (Reuters) – Asian shares struck a cautious
tone on Tuesday as the double-whammy of a deepening conflict in
Iraq and a gas dispute between Ukraine and Russia sapped
investors’ appetite for risk.
MSCI’s broadest index of Asia-Pacific shares outside Japan
fell 0.15 percent. Japan’s Nikkei bucked
the trend with rise of a 0.5 percent, though it was still down
on the week so far.
TOKYO, June 13 (Reuters) – Sony Corp and more than
20 other companies will likely be kicked out of Japan’s new
stock index, which was set up to comprise investor-friendly
companies, when the index undergoes its first annual review in
Otsuka Holdings, Seiko Epson and Daiwa
Securities Group will likely replace them in the index
in a system of reward and punishment designed to encourage
Japanese companies to take shareholder value more seriously.
TOKYO (Reuters) – Asian shares slipped on Thursday after a retreat on Wall Street and escalating violence in Iraq delivered a one-two punch to risk appetite, which in turn kept oil prices near three-month highs.
Japan’s Nikkei share average led the pull back, falling 0.7 percent while MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.3 percent.
TOKYO (Reuters) – Asian shares slipped on Thursday after Wall Street shares stepped back from record levels, while growing violence in Iraq supported oil prices.
Japan’s Nikkei share average .N225 led the retreat, falling 0.8 percent while MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS dipped 0.4 percent.
TOKYO (Reuters) – Asian shares slipped on Thursday after Wall Street shares stepped back from record levels while civil war in Iraq supported oil prices.
Japan’s Nikkei share average .N225 led the retreat, falling 0.9 percent while MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS dipped 0.15 percent.