The dollar was trying to find a floor on Tuesday in holiday-thinned trade, pressured by signs that inflation in the world’s largest economy is cooling that will likely give the Federal Reserve room to ease interest rates next year. The yen meanwhile steadied near its recent five-month peak on the prospect that the Bank of…
Tokyo stocks opened nearly flat Tuesday as investors searched for news while many exchanges across the globe remained closed for the Christmas holiday. The benchmark Nikkei 225 index was down 0.01 percent, or 4.14 points, to 33,249.89 in early trade, while the broader Topix index dipped 0.10 percent, or 2.31 points, to 2,335.09. Source :…
Oil steadied after posting the largest weekly advance in more than two months, with shipping disruptions in the Red Sea in focus after a spate of Houthi attacks against vessels in the vital waterway. West Texas Intermediate traded near $74 a barrel, after rallying by 3% in the prior week, the biggest advance since October. Ships…
Nikkei Japanese stocks rounded out a weekly gain after data showing cooling inflation added to the supportive environment for equities. Topix Index rose 0.4% to 2,336.43 as of market close Tokyo time. Nikkei advanced 0.1% to 33,169.05. Mitsubishi UFJ Financial Group Inc. contributed the most to the Topix Index gain, increasing 2.9%. Out of 2,154…
Tokyo stocks opened higher Monday following gains of US tech shares last week in thin holiday trade. The benchmark Nikkei 225 index added 0.61 percent, or 200.89 points, to 33,369.94 in early trade, while the broader Topix index added 0.60 percent, or 14.04 points, to 2,350.47. Source : AFP
Asian stocks gained as investors bought shares of some major companies with most markets closed for holidays. The MSCI Asia Pacific Index rose 0.2%, with Toyota, Sony and Asustek among the biggest boosts. Key equity gauges advanced in Japan, Taiwan and Vietnam while mainland China benchmarks edged lower. Hong Kong, South Korea, Australia and most…
