Nikkei 225 index drops 0.5%

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Source: Dukascopy Bank
Japan's Nikkei Stock Average extended losses on Thursday a day after its weakest session for 2012. Nikkei 225 index lost 0.53% or 52.38 points and closed at 9,767.61. The losses were limited by upper house of parliament decision to reject Ryutaro Kono, PM's nominee to the BoJ board. Inpex Corp lost 1.3% on falling crude prices. Showa Denko gained 3.8% on news the firm will produce hard disks for Seagate Technology. Tokyo Electric Power added 1.9% as government prepares to buy a majority stake in the company. 

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Thu, 05 Apr 2012 13:37:41 GMT

FTSE 100 tumbles on manufacturing production data

After dropping 2.3% on Wednesday, FTSE 100 index prolonged losses on Thursday as data showed manufacturing production tumbled by 1% in February, falling below economists' predictions of a 0.1% improvement. Financial shares contributed negatively to index as investors awaited BoE latest policy settings. SBC Holdings declined 1.3% and Standard Chartered lost 1.2%. On the upside Burberry Group added 0.7% on

Thu, 05 Apr 2012 12:53:38 GMT

Hang Seng slips 0.9% on Thursday

Hong Kong's Hang Seng index traded lower on Thursday as investors returned from national holiday and digested news about Fed's decisions and the situation in Spain. Hang Seng index dropped 0.95% or 197.98 points and finished at 20,593.00. Banks faced a relatively weak session. Bank of Communications fell 3.2%, Bank of China lost 1.6% and Agricultural Bank of China sank

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