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Breaking News Fri, 27 Jan 2012
Money traders work as U.S. dollar is traded at 89.30 yen and Japan's benchmark Nikkei 225 stock average is at 8252.52 points Friday afternoon, Dec. 12, 2008. The dollar's fall to a 13-year-low against the yen also accelerated selling on the Tokyo Stock Exchange, hitting hard exporters such as autos and electronics. The greenback fell as far as 88.16 yen in the afternoon, its lowest level since Aug. 2, 1995 when the U.S. currency fell to 88.02 yen while the Nikkei average lost 484.68 points, or 5.56 percent, to close at 8,2
(photo: AP / Shuji Kajiyama)
Asian stocks extend winning run
Sydney Morning Herald
| Asian stocks rose, with a regional benchmark index poised for its longest streak of weekly advances in a year, as lower Italian and Spanish borrowing costs added to optimism Europe’s debt crisis may be contained. | Canon Inc., a camera maker that gets a third of its sales in Europe, climbed ...
Tycoon prods Taiwan closer to China
The Washington Post
| TAIPEI, Taiwan — Shortly before Taiwan’s presidential election last weekend, Tsai Eng Meng, a local billionaire who spends most of his time in China, jumped on his Gulfstream 200 corporate jet and flew home to cast his vote. | More than...
World view: Closer China ties part of waiting game
Otago Daily Times
| The most important thing in Taiwanese politics is always left unsaid. When I interviewed Ma Ying-jeou in 2008, just before he won the presidency for the first time, he was happy to talk about the details of his plans for better relations with the P...
Rupee to lead Asian currencies' rebound in 2012
The Times Of India
SINGAPORE/BANGKOK: Asian currencies will rebound this year led by India's rupee, the worst performer in 2011, said Oversea-Chinese Banking, the most-accurate forecaster for the region in the past six quarters. | The rupee will advance 5.1% to 50.5 pe...
Asian stocks extend winning run
Sydney Morning Herald
| Asian stocks rose, with a regional benchmark index poised for its longest streak of weekly advances in a year, as lower Italian and Spanish borrowing costs added to optimism Europe’s debt crisis may be contained. | Canon Inc., a camera maker ...
US dollar drops to 14-year low
Ghana Business News
| The dollar fell to a 14-year low against the yen, sending metals higher. Japanese exporter shares dropped and Chinese banking stocks declined to a two-week low. | The yen strengthened 0.9 percent versus the dollar to 86.56 at 1:40 p.m. in Hong Kong...
Asia stocks fall as commodity prices decline
Ghana Business News
| Asia’s benchmark stock index fell from a three-week high and commodities prices declined after Federal Reserve Chairman Ben S. Bernanke said “significant” challenges remain to revive the world’s biggest economy. | The MSCI Asia Pacific Inde...
Market Economy
Acer computers - Assembling Company
(photo: WN / Arturo Ubaub)
Most stock markets on holiday in Asia; Kospi down
Kansas City Star
| BANGKOKMajor stock indexes in South Korea and Taiwan fell Monday, while most other major Asian stock markets were closed for an extended New Year's holiday. | South Korea's Kospi, which lost 11 percent of its value last year, was marginally lower at 1,825.37. Financials led the decline, Yonhap News reported, with Woori Finance Holdings losing 1.9...



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