Hang Seng index closes 0.2% higher

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Source: Dukascopy Bank
Hong Kong's Hang Seng index traded modestly higher on Thursday, advancing 0.21% or 45.64 points to 21,353.53. Gains were limited as investors anticipated news Chinese PM rejected policy easing aimed at relaxing country's property markets. Financial and property shares declined, led by China Overseas Land & Investment and China Resources Land which dropped 2.7% and 1.6% respectively. On the upside China Mobile climbed 0.5% after reporting a 5.2% surge in 2011 profit.

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Thu, 15 Mar 2012 14:37:47 GMT

Nikkei 225 index adds 0.6% as Yen approaches 11-month record low

Japan's Nikkei Stock Average extended gains on Thursday as Yen fell to 11-month record low against US Dollar, lifting higher exporter shares. Nikkei 225 index gained 0.64% or 63.96 points and settled at 10,114.48. US market oriented Honda Motor gained 3.5% on optimism about country's economic outlook. Mazda Motor rallied 6.1% after the car maker received 8,000 orders for its

Thu, 15 Mar 2012 16:22:45 GMT

Boeing rejected 500 million billion claim of Air India

Boeing has rejected the claim of India that the company has agreed to compensate aircraft delays for Air India. The Indian officials earlier reported that Boeing would pay 500 million US Dollars as compensation for three-year delay in delivery of planes. However, Boeing announced that it has not agreed to this deal.

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