Euro declines on Greek concern

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Source: Bloomberg
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17 nation currency slipped against US Dollar on Thursday as Greeks kept struggling over debt swap agreement and Spanish borrowing costs surged after nation's bond auction. Euro lost 0.5% against Japanese currency to JPY 99.80 and edged down 0.4% against US Dollar to USD 1.3108. Currently EUR/JPY is trading at JPY 99.76 and EUR/USD is trading at USD 1.3106.
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Thu, 02 Feb 2012 16:10:33 GMT

Hang Seng index rallies on Thursday

Hong Kong's Hang Seng index rallied on Thursday fuelled by financial and commodity shares amid improvement in global manufacturing data. Hang Seng Index added 2% or 406.08 points and settled at 20,739.45. Aluminum Corp. of China Ltd. jumped 3.8%, oil giant Cnooc Ltd. surged 4.1%, while HSBC Holdings PLC gained 3.2%. Clothing retailer Esprit Holdings partly recovered from yesterday's drop

Thu, 02 Feb 2012 14:52:23 GMT

Asian markets rally on commodity shares

Asian share markets gained on Thursday, supported by European and US manufacturing data. Hong Kong's Hang Seng Index and Shanghai Composite Index each added 2.0%, and Australia's S&P/ASX 200 index surged 1%. Japan's Nikkei Stock Average gained 0.8%, while South Korea's Kospi climbed 1.3%. 

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