Asian equity markets were mixed on Wednesday with Japan leading losses on profit-taking while Chinese shares rallied on news of financial reforms.» Read More
If the U.S. government shutdown impasse leads to a debt default, Treasury yields are unlikely to rise much, Capital Economics said.
Despite the rise in China's consumer prices to a seven-month high in September, economists say that inflation doesn't pose a risk for the economy.
China's consumer inflation crept up to a seven-month high of 3.1 percent in September, limiting the scope for the central bank to support the economy.
Foxconn, the Taiwanese electronics maker that supplies companies such as Apple and Sony, has admitted that student interns at one of its factories in China have worked shift patterns that are in violation of company policies.
TOKYO, Sept 30- Japan's Nikkei average shed more than 2 percent on Monday morning as blue-chip exporters and financials lost ground after concerns over a possible U.S. government shutdown and Italy's political crisis sent the dollar to a one-month low against the yen.
If the Federal Reserve's unprecedented quantitative easing program started a currency war, the euro may offer the next battleground.
Prime Minister Abe got a sign of how his blueprint to revive Japan's economy was working when two of his country's biggest car makers unveiled investments to boost production.
The euro rose on Monday after German Chancellor Angela Merkel won a third term in office and German, French and euro zone private sector surveys came in better than expected.
The Fed is expected to take the historic but small step of slowing its easing programs and gradually steer markets toward more normal interest rates.
Analysts are announcing ever-more-dire pronouncements on the country's prospects. And yet some foreign investors are not only ignoring the warnings, they are buying more shares.
Raghuram Rajan takes over as RBI's chief on Thursday and is expected to come under immediate pressure to restore confidence in the country's battered currency.
TOKYO, Aug 16- Japan's Nikkei share average fell for a second day on Friday led by financials, after Wall Street weakened as another batch of upbeat U.S. data added to speculation that the Federal Reserve may begin to trim its stimulus soon.
*Nikkei flat, Topix up 0.2 pct. *New catalysts needed to send Nikkei past 14,000- fund manager. TOKYO, Aug 14- Japan's Nikkei share average edged down on Wednesday morning as futures selling erased early-session gains triggered by positive economic data from Europe and the United States and a weaker yen.
SHANGHAI, Aug 14- China's slowing economy has hammered businesses supplying the raw materials for growth, with coal and aluminium firms at risk of defaults and closures after clocking up at least $490 billion of debt in a rush to expand.
U.S. dollar was suppose stand tall, pumped up by higher interest rates and the prospect of an improving economy. But instead it's been sagging.
TOKYO, July 31- Japanese regional lender Ashikaga Holdings Co Ltd, owned by a Nomura-led group of investors, has applied to list on the Tokyo Stock Exchange in what could be a $1 billion share offer before the end of the year, two sources close to the deal said.
NEW YORK, July 19- Fourteen major banks sued by the Federal Housing Finance Agency over soured mortgage investments have lost a bid to have a U.S. appeals court intervene in their cases based on what they called a judge's "gravely prejudicial" rulings.
TOKYO, June 25- Private equity giant Cerberus Capital Management LP and Japan's Seibu Holdings will square off in a shareholder vote on Tuesday over the U.S. firm's drive to shake up the board and win more influence.
TOKYO, June 21- Japan's Nikkei average rose 1.7 percent on Friday, erasing early losses as the weakening yen and rising U.S. futures offset worries about the Federal Reserve's plan to start weaning off the U.S. economy's dependence on cheap money. Investors hope that Wall Street will rise later in the day as it dropped sharply over the past two days.
TOKYO, June 21- Japan's Nikkei average shed 0.9 percent on Friday, extending the previous session's decline as investors fretted about the implications of the Federal Reserve's plan to wean off the U.S. economy's dependence on cheap money.