Japanese shares dip on US stimulus measures concerns

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Source: Dukascopy Bank SA
Japanese shares were bearish on Thursday amid escalated worries that the Fed is considering stopping its bond-buying program sooner-than-expected. Weak performance of US stock markets also put heavy selling pressure on Japanese equities. The Nikkei 225 Index plunged 1.39% to close at 11,309.13. All industries finished in the negative area. On the upside, GS Yuasa Corp surged 7.98%, the biggest gain in Nikkei 225 Index, on speculation that senior Boeing Co executive plan to meet on Friday with the head of the U.S. Federal Aviation Administration and present measures to prevent battery failures that forced Boeing Co to ground its Dreamliner jets for more than a month. GS Yuasa Corp. is the main supplier of batteries for 787 Dreamliner. The top-losers were telecommunications and basic materials, retreating 2.15% and 1.82%. KDDI Corp and Softbank Corp moved lower 1.88% and 2.50%, while Dowa Holdings Co and JFE Holdings Inc retreated 3.15% and 4.42%.
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Thu, 21 Feb 2013 12:59:03 GMT

Hong Kong stocks retreat; Belle International leads losses

Hong Kong stocks gave back Tuesday's gains amid lingering concerns that the Fed may halt its easing measures sooner-than-expected. Moreover, worries over expansion of housing curbs weighed on Hong Kong stock markets. On Wednesday, China's cabinet stated it is considering expansion of its pilot real estate tax program to more cities and. The Hang Seng Index declined 1.72% to close

Thu, 21 Feb 2013 12:37:04 GMT

US blue chips slid, Dow lost 0.77% on Wednesday

US blue chips finished lower on Wednesday amid concerns that the Fed may end its bond-buying program. Meanwhile, market participants remained cautious ahead of the key US figures due on Thursday. The Dow Jones Industrial Average Index slid 0.77% to end the session at 13,927.54. All but one industry plunged. The only gainers were telecommunication companies, with Verizon Communications jumping

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