Asian Stocks Drop as Yen, U.S. Car Tariffs Probe Weigh on Japan

Losses worsened for Asian shares, with a fourth day of declines pushing the regional benchmark gauge further into a two-week low, as a stronger yen and U.S. investigation into car and truck imports weighed on Japanese stocks.

The MSCI Asia Pacific Index dropped 0.2 percent as of 3:34 p.m. in Hong Kong, with Toyota Motor Corp.A?a��a�?s retreat contributing the most to the slide. JapanA?a��a�?s Topix fell as the yen strengthened to 109.55 against the U.S. dollar. In Southeast Asia, MalaysiaA?a��a�?s key stock gauge declined to a five-month low after the government said the nationA?a��a�?s debt was higher than previously disclosed, while IndonesiaA?a��a�?s Jakarta Composite Index surged 1.8 percent as offshore fund flows resumed.

Source : Bloomberg

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Sumber : bpfnews.com

Asia Stocks Drop as Yen, U.S. Car Tariffs Probe Weigh on Japan

Losses worsened for Asian shares, with a fourth day of declines pushing the regional benchmark gauge further into a two-week low, as a stronger yen and U.S. investigation into car and truck imports weighed on Japanese stocks.

The MSCI Asia Pacific Index dropped 0.2 percent as of 10:50 a.m. in Hong Kong, with Toyota Motor Corp.A?ai??i??ai???s retreat contributing the most to the slide. JapanA?ai??i??ai???s Topix fell as the yen strengthened to 109.55 against the U.S. dollar.

In Southeast Asia, MalaysiaA?ai??i??ai???s key stock gauge declined to a five-month low as investors dumped shares after the government said the nationA?ai??i??ai???s debt was higher than previously disclosed, while IndonesiaA?ai??i??ai???s Jakarta Composite Index surged 1.8 percent as offshore fund flows resumed.

Source : Bloomberg

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Sumber : bpfnews.com

Tokyo Stocks Open Down After Wall St Drop

Tokyo stocks opened in the red on Wednesday, after falls on Wall Street and official data that showed Japan’s economy contracted for the first time in two years.

The benchmark Nikkei 225 index was down 0.36 percent, or 82.92 points, to 22,735.10 in early trade while the broader Topix index was down 0.20 percent, or 3.57 points, at 1,801.58.

Source : AFP

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Sumber : bpfnews.com

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