Asia's stocks fluctuates on Tuesday

Source: Bloomberg
© Scanpix/RS
Asian shares swung between gains and drops on Tuesday as Australian banks declined after Goldman Sachs Group Inc. sold a stake in Industrial & Commercial Bank of China Ltd. and as Tokyo Electric Power Co. rose. The MSCI Asia Pacific Index slipped by 0.1% to 144.27 at 2:19 p.m. Hong Kong time following an increase of 0.1% recorded earlier on the session.

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Tue, 21 May 2013 08:23:29 GMT

Chinese stocks fall led by health-care and phone shares

Most of China's shares dropped on Tuesday after gains of solar companies were overshadowed by declines by health-care and phone companies. The Shanghai Composite Index slid by 0.2% to 2,295.44 at 1:06 p.m. Shanghai time with six stocks falling for every five that climbed, while the CSI Index decreased by 0.3% to 2,602.72 and the Hang Seng China Enterprises Index

Tue, 21 May 2013 10:14:04 GMT

Aussie is traded higher against Dollar ahead of Bernanke speach

The Australian Dollar was traded higher by 0.1% to 98.18 per U.S. cents in the of Sydney trading session on Tuesday. The pair holds the biggest increase in two months versus the greenback ahead Federal Reserve Chairman Ben Bernanke testimony in Congress tomorrow. Investors speculate that U.S. policy makers might reduce bond purchases.

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