Japanese stocks fell on Monday

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Source: Bloomberg
Tokyo Stock Price Index, which includes all companies listed in the first section of Tokyo's stock exchange, fell to four month low on Monday after Bank of Japan stated it won't automatically increase asset purchases. Index closed at 721.11 losing 0.1% today and posing for a monthly dip of 8.7%. Renesas Electronics, one of worlds largest automotive electronic producers, retired 11% of value after announcing about intentions to raise capital. MS&AD Insurance Group and NKSJ Holdings lost at least 0.9% each.
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Mon, 28 May 2012 13:27:59 GMT

Hang Seng ends 0.5% higher on Monday

Hong Kong's stocks rose on Monday on investor speculation Chinese government will provide additional measures to stimulate economic expansion. Moreover worries of Greece's exit from Euro Zone eased. Hang Seng index gained 0.47% or 87.58 points and closed at 18,800.99. Property shares supported the index with China Overseas Land & Investment adding 2.8% and China Resources Land rallied 3.4%. Some

Mon, 28 May 2012 10:34:58 GMT

Cable drops versus Euro

Great Britain's pound weakened against 13 out of 16 major pairs today. It depreciated against euro for the first time in five trading days after Greece's pro-bailout parties received grater support in polls. By 8:30 GMT today, cable lost 0.5% of its value and dropped to 80.32 pence per Euro, but gained 0.2% against USD and was USD 1.5699 per pound after

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