asian shares mixed after japan inflation slows
Last Updated : GMT 02:09:47
Arab Today, arab today
Arab Today, arab today

Asian shares mixed after Japan inflation slows

Arab Today, arab today

Arab Today, arab today Asian shares mixed after Japan inflation slows

Tokyo Stock Exchange (L)
Hong Kong - AFP

Asian stock markets were mixed in early trading Friday, with Tokyo's main index rising after Japanese data showed inflation slowed in December but industrial output rebounded.
Tokyo's gains were in line with a broad overnight rally on Wall Street, after the Federal Reserve signalled that growth and job creation in the world's top economy remained robust and corporate earnings were generally solid.
The benchmark Nikkei 225 index on the Tokyo Stock Exchange rose 0.63 percent in morning trade, but the Shanghai Composite index fell 0.59 percent and Hong Kong turned flat after rising at the open.
Sydney gained 0.84 percent while Seoul was flat.
Japanese government data released Friday showed that core consumer inflation in the world's third largest economy slowed for a fifth month in December to 2.5 percent year-on-year, down from 2.7 percent in November, on the back of plunging oil prices and weaker consumer spending.
Adjusted for a sales tax increase, the rate rose just 0.5 percent, well short of the Bank of Japan's 2.0 percent inflation goal.
However, analysts said that while driving down prices, lower energy costs could help to shore up Japanese growth.
"There's a chance the inflation rate will turn negative in April, but for an energy importer like Japan, the drop in oil will act like a broad tax cut in supporting growth," Ryutaro Kono, chief Japan economist at BNP Paribas in Tokyo, told Bloomberg News.
Japan's industrial output rebounded with a 1.0 percent increase on-month in December, official data showed, reversing a surprise fall in November, but missed expectations of a higher rise.
Benchmark US indices rallied on Thursday after two days of falls, following generally robust corporate earnings and an uptick in oil prices.
The Dow Jones Industrial Average rose 1.31 percent, the broad-based S&P 500 added 0.95 percent, and the tech-rich Nasdaq Composite Index gained 0.98 percent.
Oil prices were mixed in Asian trade -- a day after they plunged to their lowest level in nearly six years, sparking deflationary fears.
US benchmark West Texas Intermediate for March delivery was up two cents to $44.55 a barrel in mid-morning Asian trade, after a volatile session the day before that saw the contract plunge below $44 for the first time since March 2009.
Brent crude for March was down 14 cents at $48.99 a barrel.
The dollar was at $1.1331 against the euro, from $1.1289 in US trading and at 117.97 yen from 117.72 yen.
The euro fetched 133.68 yen, from 132.90 yen.
Gold fetched 1,260.00, against $1,265.97 on Thursday.

 

arabstoday
arabstoday

GMT 11:50 2017 Tuesday ,21 November

European stocks shrug off Germany's political woes

GMT 03:59 2017 Tuesday ,21 November

Weekly inflation decreases by 0.88%

GMT 23:50 2017 Monday ,20 November

Bahrain Bourse daily trading performance

GMT 14:54 2017 Sunday ,19 November

Bahrain Bourse daily trading performance

GMT 03:16 2017 Saturday ,18 November

Asian markets head for positive end to volatile week

GMT 11:57 2017 Friday ,17 November

US stocks boosted by solid Wal-Mart, Cisco earnings

GMT 06:51 2017 Friday ,17 November

Bahrain Bourse daily trading performance

GMT 03:57 2017 Thursday ,16 November

Stock markets retreat as oil slides
Arab Today, arab today
Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

asian shares mixed after japan inflation slows asian shares mixed after japan inflation slows

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

asian shares mixed after japan inflation slows asian shares mixed after japan inflation slows

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Visit Jamaica for more than just sun

GMT 09:45 2017 Tuesday ,21 November

Visit Jamaica for more than just sun
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today UN warns of conflict in Gaza

GMT 08:39 2017 Tuesday ,21 November

UN warns of conflict in Gaza
Arab Today, arab today Missouri problem mirrors woes

GMT 06:46 2017 Tuesday ,21 November

Missouri problem mirrors woes
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today VW says will invest over 34bn euros

GMT 07:19 2017 Tuesday ,21 November

VW says will invest over 34bn euros
Arab Today, arab today Driverless, electric future just round

GMT 02:45 2017 Monday ,20 November

Driverless, electric future just round
Arab Today, arab today Fedra happy for “Between Two Worlds” success

GMT 09:23 2017 Saturday ,18 November

Fedra happy for “Between Two Worlds” success
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 12:15 2017 Friday ,17 November

Mona Abdel Ghany increased artistic activities

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 00:54 2017 Monday ,20 November

Mideast in danger as London explores

GMT 03:12 2017 Saturday ,18 November

Prince's vision spurs new Cornwall village

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday