Asian stocks mixed on Wednesday

Note: This section contains information in English only.
Source: Marketwatch
Japanese stocks opened higher on the first day after returning from holidays while Chinese shares declined amid worries about its tight liquidity. Japan's Nikkei Stock Average rose 1.2% and Australia's S&P/ASX 200 climbed 2.1%. China's Shanghai Composite Index lost 0.1%, Hong Kong's Hang Seng  Index gave up 0.5% while South Korea's Kospi was 0.1% down.

 

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Wed, 04 Jan 2012 07:49:21 GMT

Chinese housing prices fall for a fourth month in a row

According to survey, Chinese home prices alleviated for a fourth consecutive month in December. Domestic house prices declined 0.25% in December compared to previous month. Average prices in December dropped to 8,809 Yuan ($1,400) per square meter, while in November the average value was 8,832 Yuan per square meter. On monthly basis prices have fallen in 60 cities.

Thu, 05 Jan 2012 09:47:06 GMT

Greece may need additional fiscal measures

Greece may need extra fiscal measures to comply with 2011 budget requirements, said the government spokesman. Moreover, the interim government developed 'very specific' measures to pursue the goal of staying in the Euro Zone, the official added.

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