The yen eased on Tuesday as a hike in Japan's sales tax came into effect, although the dollar failed to gain much traction after the Federal Reserve chair defended the central bank's ultra-loose policy and highlighted slack in the economy.» Read More
The dollar index will likely extend its slide this week on expectations that top Federal Reserve policymakers believe it's still too early to taper.
TOKYO, Nov 15- A slide in the yen spurred Tokyo's Nikkei share average 2 percent higher on Friday to above 15,000 for the first time in six months, helping the benchmark post its best weekly rise in four years.
TOKYO, Nov 15- Japan's Nikkei average surged above the 15,000- mark for the first time in six months on Friday, as strong quarterly earnings buoyed financials while exporters took advantage of the yen's slide to a two-month low against the dollar.
Stocks have surged globally this year as the specter of macro risks receded, but next year, shares will need to work for their gains, Nomura said.
TOKYO, Nov 6- The Tokyo Stock Exchange is launching a new index comprised of companies with high return on equity and strong corporate governance to appeal to investors, amid a strong rally in Japanese shares this year.
Shares in Thailand, already weakened by volatility in emerging markets over the past few months, are taking a hit from a new foe: forgiveness.
Appetite for U.S.-listed Chinese stocks may be making a comeback following accounting scandals that lead to a dearth of new listings last year.
Expectations are high for far-reaching economic reforms at a key policy meeting of China's leaders this weekend. But so is the scope for disappointment.
Asian equities rose on Wednesday, taking their cue from a record finish on Wall Street ahead of a monetary-policy decision from the Federal Reserve.
Investors continue to demand a risk premium on the U.S. dollar heading into 2014, though some remain optimistic for a solution to the debt impasse.
South Korea has one of Asia's fastest-growing economies, but a rapidly aging population threatens its path to becoming an international powerhouse.
It's time to take some money off the table in China's market, Nomura said, turning more cautious before the Party Congress in November.
Asian markets have plenty this week with Fed, BOJ and RBI due to hold policy meetings and economic data from the region's biggest economies.
Agricultural Bank of China is considering a bid for Hong Kong-listed Wing Hang Bank as its first acquisition outside its home market.
The economic cost of the U.S. government shutdown will keep the U.S. dollar under pressure this week.
The dollar fell to eight-and-a-half-month lows against the euro and a currency basket on Friday.
With Washington's debt battle over, markets will quickly shift focus to earnings and how much the government shutdown actually impacted the economy.
While China is expected to grow at its fastest pace this year in the third quarter, economists say this is not the start of a reacceleration in its economy.
Gold prices settled modestly lower after an early drop to three-month lows tempted some buyers back to the market.
If the U.S. government shutdown impasse leads to a debt default, Treasury yields are unlikely to rise much, Capital Economics said.