Asian stocks show mixed performance on Wednesday

Note: This section contains information in English only.
Source: Marketwatch

Asian markets mostly expanded on Wednesday led by commodity linked companies as investors continued to foresee China's further monetary easing. Australia's S&P/ASX 200 index added 0.9%, Hong Kong's Hang Seng Index was up 0.1% while Japan's Nikkei Stock Average climbed 0.2%. On the downside were China's Shanghai Composite and South Korea's Kospi, each giving up 0.7% and 0.4% respectively. 

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Wed, 11 Jan 2012 08:48:22 GMT

Japan might refuse to engage in Iran crude embargo

Japan currently is not planning to take part in international boycott of Iranian oil imports, reported Dow Jones Newswires on Wednesday. Tokyo considers the fuel shortage may have a negative impact on country's recovery from March earthquake and tsunami. Announcement appears shortly before Tim Geithner's visit to Tokyo to discuss the embargo.

Wed, 11 Jan 2012 07:35:30 GMT

Aussie and Kiwi decline before European debt auctions

The New Zealand and Australian Dollars weakened on Wednesday erasing two day gains as Italy and Spain prepare to sell domestic bonds tomorrow amid concerns their sovereign ratings may be downgraded. Aussie depreciated 0.3% to $1.0279 against the greenback while Kiwi lost 0.1% to $0.7935. Currently AUD/USD is trading at $1.0302 while NZD/USD is trading at $0.7951.

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