Asia shrugs off China fears cash crisis - Financial Times | Afrikaans
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Monday 03:00 GMT. Most Asia-Pacific shares off staged in the Chinese comodo cleaning essentials interbank market gains in U.S. markets on Friday echoed, but shares in Japan is held in check by a rise in the yen against the U.S. dollar.
Hong Kong's comodo cleaning essentials Hang Seng index fell 0.7 percent, while China's Shanghai Composite edged up 0.2 percent. Other Asia-Pacific markets rose in lockstep with South Korea's Kospi Composite rising 0.7 percent and Taiwan's TAIEX strengthening 0.7 percent. comodo cleaning essentials
Shares in Japan worse than the rest of the region slightly, with the Nikkei 225 and Topix flat down 0.1 percent as a rise in the yen prompted traders to lock in a profit. The yen rose 0.05 percent to 104.04 per dollar after a five-year low against the U.S. currency on Friday.
Asia performance despite short-term comodo cleaning essentials interbank lending rates in China hit 9.8 percent. It was just a little under 10 percent of the rate hit Friday, and despite the People's Bank of China injected Rmb300m emergency money in the system on Friday evening.
Analysts comodo cleaning essentials have cited a variety of reasons for Chinese lenders hoarding cash. They can scramble for funds to meet regulatory requirements loan-to-deposit ratios of more than 75 percent end of the year too.
in the U.S. on Friday, the S & P 500 ended the trading week at another record high of 1,818 points. comodo cleaning essentials On Monday, futures contracts traded during the Asian session ticked to 1820 points.
U.S. stocks fared well as a result of a robust GDP reading that showed the world's largest economy expanded at a 4.1 percent annual rate in the third quarter. It was the fastest pace of growth in nearly two years. The data came after the Federal Reserve announced a downsizing of its monthly asset purchases of $ 85 billion to $ 75bn, but sugared the pill with the assurance that interest rates will remain low.
"Growth prospects is to look" for Asian markets, analysts in London consultancy Capital Economics commented, "helped by continued loose monetary policy and signs of improvement in the global economy."
Copyright The Financial Times Limited 2013. You may share using our article tools. Please do not cut articles from FT.com and redistribute by email or post to the web. Great Local News
Recent Posts Goetze's Goal Gives Germany comodo cleaning essentials World Cup Win Over Argentina World Cup final live: Argentina, Germany scoreless in the second half - Los Angeles Times Why Europe May Gain the Edge for Investors - New York Times Katherine Webb and AJ McCarron Get Married in Alabama Exclusive Details! Tracy Morgan - I'm FINALLY Going Home
Archives July 2014 June 2014 May 2014 April 2014 March 2014 February 2014 January 2014 December 2013 November 2013 October 2013 September 2013 August 2013 July 2013 June 2013 May 2013 April 2013 March 2013 February 2013 January 2013 December 2012 November 2012 October 2012 September 2012
Monday 03:00 GMT. Most Asia-Pacific shares off staged in the Chinese comodo cleaning essentials interbank market gains in U.S. markets on Friday echoed, but shares in Japan is held in check by a rise in the yen against the U.S. dollar.
Hong Kong's comodo cleaning essentials Hang Seng index fell 0.7 percent, while China's Shanghai Composite edged up 0.2 percent. Other Asia-Pacific markets rose in lockstep with South Korea's Kospi Composite rising 0.7 percent and Taiwan's TAIEX strengthening 0.7 percent. comodo cleaning essentials
Shares in Japan worse than the rest of the region slightly, with the Nikkei 225 and Topix flat down 0.1 percent as a rise in the yen prompted traders to lock in a profit. The yen rose 0.05 percent to 104.04 per dollar after a five-year low against the U.S. currency on Friday.
Asia performance despite short-term comodo cleaning essentials interbank lending rates in China hit 9.8 percent. It was just a little under 10 percent of the rate hit Friday, and despite the People's Bank of China injected Rmb300m emergency money in the system on Friday evening.
Analysts comodo cleaning essentials have cited a variety of reasons for Chinese lenders hoarding cash. They can scramble for funds to meet regulatory requirements loan-to-deposit ratios of more than 75 percent end of the year too.
in the U.S. on Friday, the S & P 500 ended the trading week at another record high of 1,818 points. comodo cleaning essentials On Monday, futures contracts traded during the Asian session ticked to 1820 points.
U.S. stocks fared well as a result of a robust GDP reading that showed the world's largest economy expanded at a 4.1 percent annual rate in the third quarter. It was the fastest pace of growth in nearly two years. The data came after the Federal Reserve announced a downsizing of its monthly asset purchases of $ 85 billion to $ 75bn, but sugared the pill with the assurance that interest rates will remain low.
"Growth prospects is to look" for Asian markets, analysts in London consultancy Capital Economics commented, "helped by continued loose monetary policy and signs of improvement in the global economy."
Copyright The Financial Times Limited 2013. You may share using our article tools. Please do not cut articles from FT.com and redistribute by email or post to the web. Great Local News
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