Asian shares outside Japan rebounded this week as U.S. economic reports showed signs of recovery in the world’s biggest economy, even as concern mounted that Europe’s sovereign debt crisis is worsening.
Asian shares rose after U.S. home prices climbed the most since 2006 and orders for durable goods beat estimates. Gains by Japanese shares were limited as about 80 percent of the companies in the Topix Index traded without rights to a dividend today.
Hong Kong stocks rose, with the city’s benchmark index rising a third day, after U.S. home prices climbed the most since 2006 and orders for durable goods beat estimates, boosting earnings prospects for Asian exporters.
Japanese stock futures and Australian equities rose after U.S. home prices climbed the most since 2006 and orders for U.S. durable goods beat estimates, boosting earnings prospects for Asian exporters.
Asian stocks fell for a second day amid concern shares rose too fast after the regional benchmark index hit a 19-month high this week. Chinese companies tumbled in Hong Kong after the nation’s central bank chief said he’s on “high alert” for inflation.
Asian stocks outside Japan gained after U.S. housing and consumer confidence data beat estimates. Japanese shares fell as the yen rose ahead of an Italian bond sale, with yields surging after the nation’s deadlocked election stoked debt crisis concern.
Asian stocks rose, with the regional benchmark index near an 18-month high, as Japanese shares rallied after the Group of 20 nations refrained from censuring the nation’s policies that have weakened the yen.
QuickLogic Corp., a designer that makes customizable semiconductors for tablet computers, smartbooks and other mobile products, rose the most since December on speculation its products will win broader favor with top-tier manufacturers.
Asian stocks fell, dragging the regional benchmark index to a five-month low, as concerns mounted Europe’s debt crisis is worsening and the Bank of Japan refrained from deploying further monetary stimulus, dimming the outlook for exporters.
Asian stocks rose, with a regional benchmark index climbing the most in a week, on stronger U.S. and Australian economic reports and speculation that slowing China trade boosts the case for easier monetary policy.