Asian equities outside Japan plunge as Greek talks remain stalemated

Note: This section contains information in English only.
Source: Bloomberg
© scanpix/reuters
Asian shares outside Japan dropped as the eurozone's finance ministers could not decide on Greek debt-reduction plan. The MSCI Asia Pacific eliminating Japan index tumbled 0.2% to 434.78. South Korea's Kospi index slumped 0.5%, while Australian S&P/ASX 200 Index eased 0.4%. China's Shanghai Composite lost 0.5%, whereas Hong Kong's Hang Seng Index surged 0.2%.

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Wed, 21 Nov 2012 14:04:36 GMT

South Pacific currencies fall as Greek talks deadlocked and Japan's imports decline

The South Pacific currencies weakened as Greek talks deadlocked, curbing demand for risky assets. The Aussie and kiwi dropped as decrease in Japan's imports clouded outlook for the countries' shipments. The Australian Dollar fell 0.4% to $1.0351 and lost 0.2% to 84.71 yen. The New Zealand Dollar slid 0.4% to 81.37 U.S. and dropped 0.2% to 66.60 yen. 

Wed, 21 Nov 2012 09:57:59 GMT

Euro weakens as European leaders fail to agree on Greece

The 17-nation currency weakened versus the U.S. Dollar, trimming a two-day advance, as European leaders did not reach a decision on assisting debt-laden Greece. The Euro dropped against all of the major counterparts as Luxembourg Finance Minister Luc Frieden said European officials will continue discussion on November 26. The Euro fell 0.5% to $1.2754 and lost 0.3% to 104.36 yen. 

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