Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap Stock market today: Asian benchmarks mostly slide as investors focus on earnings !

Stock market today: Asian benchmarks mostly slide as investors focus on earnings

Time:2024-05-21 14:49:35 source:Worldly Waves news portal

TOKYO (AP) — Asian shares mostly declined Thursday as investors awaited a flood of global earnings reports, including updates from U.S. tech companies known as the “Magnificent Seven.”

Japan’s benchmark Nikkei 225 slid 2.1% to 37,670.50. South Korea’s Kospi dropped 1.4% to 2,637.18. Hong Kong’s Hang Seng gained nearly 0.1% to 17,215.51, while the Shanghai Composite was virtually unchanged at 3,044.41.

Trading was closed in Australia for a national holiday, Anzac Day.

Attention is also turning to the Bank of Japan, whose two-day monetary policy meeting started Thursday.

“For the record, heading into tomorrow’s policy decision, exceptional Japanese yen weakness is the agitated elephant in the room for the BOJ,” Tan Jing Yi of Mizuho Bank said in a commentary.

In currency trading, the U.S. dollar rose to 155.67 Japanese yen from 155.31 yen. The euro cost $1.0715, up from $1.0697.

Related information
  • Here comes the char
  • UN experts say South Sudan is close to securing a $13 billion oil
  • Inside the Paris hotel that's VERY handy for the Eurostar
  • Eddie Gossage, the longtime head of Texas Motor Speedway, dies at 65
  • Amir Khan's £11.5m luxury wedding venue finally hosts its first marriage: Bride arrives on horse
  • Gun Song wins the Black
  • Mike and Zara Tindall team up with Peter Phillips and his ex
  • The Dow closed above 40,000. What it means for your 401(k)
Recommended content
  • Fresh heartache for cancer
  • Democratic South Carolina House member has law license suspended after forgery complaint
  • Witness at Sen. Bob Menendez's bribery trial says meat
  • Floods death toll in Kenya rises to 238 as heavy rains continue
  • Revealed: Brit tourist, 19, subjected to sex attack in Majorca 'was gang
  • Death toll from Kenya floods climbs to 277 as schools reopen amid recovery efforts