Asia Markets: Strong yen weighs on Japanese exporter shares
Japanese shares perform poorly as a stronger yen takes its toll on exporters, though Sony shares provide the exception that proves the rule. Click here to read the full story
Read more..Sony Surprises with First Quarter Profit, Lifts Outlook
Sony posted an unexpectedly large quarterly operating profit on Thursday, beating market expectations of a loss, with improved demand and cost cuts outweighing the impact of a stronger yen. Click here to read the full story
Read more..Currencies: Euro rises to level not seen since EU-IMF bailout
The euro regains the $1.30 mark and then some, as doubts about the U.S. credit rating undercut the dollar. Japan’s yen extended a move higher against the greenback as well. Click here to read the full story
Read more..FOREX-Euro, high-yielders upbeat as stocks gain (at Reuters)
* Euro resistance still seen at May 21 high of $1.2673 * Yen defensive after upbeat day on US stocks * Dollar also defensive, slips to 3-month low on Swissie Click here to read the full story
Read more..Japan Machinery Orders Slide on Recovery Doubts
Japanese machinery orders tumbled by the most in almost two years, suggesting a corporate spending recovery could be delayed as companies turn cautious due to signs of a slowdown in global growth and worries about a rising yen. Click here to read the full story
Read more..Currencies: Dollar weakens under jobless, ISM, housing data
The dollar extended losses against the euro and Japan’s yen on Thursday after data showed U.S. jobless claims rose, pending home sales plunged and manufacturing activity slowed, all signaling weakness in the country’s economic outlook. Click here to read the full story
Read more..NZ dollar falls vs greenback and yen
The New Zealand dollar fell further against the greenback and yen from five-week highs reached earlier this week as investors turned risk averse.Doubts persisted about China’s move to make the yuan flexible and further worries… Click here to read the full story
Read more..Currencies: Dollar gains on euro, slips vs. yen
The U.S. dollar gains on the euro and Australian dollar, taking back some of the ground lost in the previous session following China’s weekend announcement that it will ease its de-facto currency peg to the greenback. Click here to read the full story
Read more..NZ dollar rises vs greenback, yen
The New Zealand dollar rose against the greenback and yen, as successful government bond sales by some of the weakest members of the euro zone eased fears about Europe’s debt problems.By 8am the kiwi was buying US69.90c and 63.90… Click here to read the full story
Read more..NZ dollar lifts to week high vs US, yen
A New Zealand dollar buoyed by yesterday’s interest rate rise received further impetus overnight as risk assets regained popularity among investors.By 8am today the kiwi was around a one-week peak against the greenback and yen,… Click here to read the full story
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