Tag Archives: Tokyo

HONG KONG: Asian markets were mostly up on Wednesday, with Sydney hitting a near three-year high, but Tokyo sank on profit-taking and as the yen picked up strength against the euro and dollar. The Japanese currency picked up after a Group of Seven (G7) statement on Tuesday that said “excessive volatility” in exchange markets hurts financial stability, as they tried …

Asian stocks rose this week, sending the regional benchmark index to its longest-ever streak of weekly gains, as U.S. economic reports and signs of policy easing in China buoyed the outlook for Asian earnings. Shui On Land Ltd. (272) led Chinese developers higher on speculation more cities will attempt to lower restrictions on the property market amid signs the economy …