Market Report - U.S. Economic Data Lifts Asia
- 14 years ago
In today’s market report… Asian markets edged higher, cheered by Chinese manufacturing data and a fall in U.S. jobless claims.
Chinese output gathered momentum in September, lifting regional shares.
The Nikkei rose although the yen remained firm against the dollar.
The Bank of Japan’s former deputy governor says the central bank may act next week to support economic recovery in the country.
In the wake of a late launch for its "3DS" console and a cut in its full-year profit forecast, Nintendo shares continued to slide Friday.
Separately, a Sino-Japanese diplomatic dispute appeared to ease somewhat, as Tokyo's trade minister said he heard that rare earth shipments from Beijing, vital to the car and electronics industries, had been resumed.
In Australia, mining giant BHP Billiton rose, amid plans to lodge a motion in days to challenge a lawsuit filed by Canada's Potash Corp to fend off its $39 billion hostile takeover bid.
Chinese output gathered momentum in September, lifting regional shares.
The Nikkei rose although the yen remained firm against the dollar.
The Bank of Japan’s former deputy governor says the central bank may act next week to support economic recovery in the country.
In the wake of a late launch for its "3DS" console and a cut in its full-year profit forecast, Nintendo shares continued to slide Friday.
Separately, a Sino-Japanese diplomatic dispute appeared to ease somewhat, as Tokyo's trade minister said he heard that rare earth shipments from Beijing, vital to the car and electronics industries, had been resumed.
In Australia, mining giant BHP Billiton rose, amid plans to lodge a motion in days to challenge a lawsuit filed by Canada's Potash Corp to fend off its $39 billion hostile takeover bid.