Asian stocks finish mixed on Friday

Source: Marketwatch
Asian share markets performed differently on Friday amid earnings reports and investors cautiousness towards upcoming US hiring data. Japan's Nikkei Stock Average dropped 0.5%, Australia's S&P/ASX 200 index slipped 0.4% and  South Korea's Kospi fell 0.6%. Chinese markets faced better session with Shanghai Composite surging 0.8% and Hong Kong's Hang Seng Index adding 0.1%. 
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Fri, 03 Feb 2012 12:13:38 GMT

UK services PMI rises in January

The service sector of the UK started the year on the positive note with business and activity expanding at faster pace. Business Activity Index hit the 10-month high of 56.0 last month as compared to 54.0 in December's reading. The sentiment also improved as business expectations soared to more than 15-year high.

Fri, 03 Feb 2012 12:01:56 GMT

Nikkei 225 weighted down by earnings reports

Japan's Nikkei Stock Average index retreated from previous gains and declined on Friday as investors anticipated disappointing earnings reports. Nikkei 225 index lost 0.42% or 37.22 points and settled at 8,831.93. Yamaha tumbled 7% on weak earnings and Sumitomo Metal Industries Ltd. gave up 2.2% after predicting fiscal year loss. On the upside Sony Corp. recovered from earlier reporting quarterly

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