Asia stocks mostly decline on Japan trade data

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Source: Marketwatch
© Scanpix/Reuters
Asian stocks traded under pressure on Monday as exporters tumbled after weaker trade data from Japan. The Nikkei Stock Average was flat, while the Kospi and the S&P/ASX 200 both dropped 0.6%. The Shanghai Composite index deteriorated 0.5%, while the Hang Seng Index added 0.1%. Japan exports slid a more-than-forecast 10.3% on year, led by a heavy fall in sales to China and Western Europe.
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Mon, 22 Oct 2012 08:47:36 GMT

Japan exports contract heavily in September

Japan showed a merchandise trade shortfall of Y558.555 billion in September, led by heavy drop in exports to China and Europe, the Ministry of Finance reported on Monday. Economists expected a deficit of Y547.9 billion, after a downwardly revised Y755.9 billion in August. Exports slid 10.3% on year to Y5.359 trillion, exports to China shrank 14.1%, while those to EU

Mon, 22 Oct 2012 08:13:37 GMT

Wheat rose on potential Ukraine's exports restriction

Farm commodities advanced on Friday amid mounting concerns that supplies from Ukraine may be disrupted. However, renewed global growth concerns and broadly stronger US Dollar capped gains of rural commodities. Wheat gained on concerns that Ukraine will impose export restrictions. Volodymyr Klymenko, head of Ukraine's Grain Association announced that wheat shipments are likely to attain 5.3 million MT by mid-November,

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