Japanese tourists to South Korea, the largest group of visitors to Asia's fourth largest economy last year, fell by 25 percent in the first quarter thanks to a falling yen. But not to worry - the Chinese are here.» Read More
Asia's key indices closed in the red on Tuesday, with Japan and South Korea giving up early gains as profit-taking took hold.
Asian share indexes gained ground Monday, after upbeat earnings from U.S. retailers underpinned confidence that a global economic recovery is under way.
Stock markets in Asia finished mostly lower. after shares on Wall Street snapped a six-day winning streak. China markets, however, managed to buck the uptrend.
Asia's key indexes failed to hang on to the morning's modest gains and closed lower, as Tokyo, Sydney and Seoul slipped into the red. Markets had earlier tracked Wall Street, after the Dow Jones Industrials closed higher for the sixth straight session.
Asian stock markets made modest gains on Wednesday, as investors shrugged off the rocky session on Wall Street overnight and focused instead on strong data out of China, which showed factory output jumping to a 19-month high in October.
Asian shares finished higher on Tuesday, following a rally on Wall Street which saw U.S. indices finishing at their highest levels in more than a year.
Asian markets chalked up gains on Monday, led by Sydney's 1.8 percent advance. However, investors remained concern over the state of the U.S. economy after the mixed jobs report released on Friday.
Asia's key indexes rebounded Friday from losses in the previous session, after strong U.S. jobs data reinforced hopes the economy is recovering.
South Korea's top financial services firm Shinhan Financial Group and Korea Exchange Bank on Tuesday posted forecast-beating quarterly profits as interest margins rose and bad loan charges shrank.
While the government battles over a health care plan, many companies are taking matters into their own hands.
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The United States will continue working for a nuclear-free Korean peninsula regardless of reports that North Korea launched missiles on Monday, Secretary of State Hillary Clinton said.
A lifeline from South Korea for troubled investment bank Lehman Brothers appeared in doubt on Wednesday as the bank leading the plan said nothing had been decided, and other lenders denied interest in taking part.
North Korea, whose relations with South Korea have turned increasingly bitter, said on Monday it had agreed to reopen its border to its neighbor and allow tourism and family reunions to resume.
Asian stocks ended slightly higher on Tuesday but investors stayed cautious after economic data from China showed a weaker-than-expected increase in July industrial output. This also followed a lower end in the U.S. as investors took a breather after a four-week rally.
Asian markets marched higher on Monday after the latest U.S. employment numbers showed signs of a stabilizing job market, raising hopes that the United States can lead the world out of a recession.
Asian stocks dipped Friday as investors grew cautious before a key U.S. jobs report, while the Australian dollar got only a brief lift despite signals from the central bank that interest rates could rise over time.
Stocks in Shanghai dropped as much as 3% Thursday, weighed by speculation China may take more steps to rein in liquidity, slashing the Australian dollar's gains, while copper slid from 10-month highs after disappointing U.S. services data.