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Japan stocks rally as yen continues to weaken

Bangkok (AP) -- Japan's benchmark stock index rose on Tuesday to soften the yen boost the country's power export department. In Tokyo, the nikkei 225 index rose 1.4%, to close at 10080.12 point, export share in the lead.
The yen trading in twenty months high 84.95 yen in New York, the incoming prime minister Shinzo Abe (Shinzo Abe) appeared after the pressure, the bank of Japan with 2% inflation target. On Sunday in a TV program, shinzo Abe says he will reconsider amending the Japanese Banks, if the central bank does not take action next month's policy meeting, Japan's kyodo news agency said.
This is designed to strike deflation, or falling prices, thereby reducing the economic activities. Japan's economy has remained in the twenty years of deflation. Dollars on Monday in Asia, 84.77 yen.
Mazda motor company rose by 2%, and a nikon rose 2.3%. Nomura holdings rose 6.3%.
In the mainland of China stock market strong. The Shanghai composite index rose 2.5% to 2213.61. Smaller shenzhen composite index rose 2.4%, to 855.79 points. In real estate, financial services and tourism related the stock of the company brought up.
Poly real estate, China's second largest listed developers, up 4.7%, and the industry leader China vanke soared by 6%.
In Hong Kong, South Korea, Singapore, the Philippines, Australia and New Zealand market closed on Christmas day.
On Wall Street last Monday, before Christmas last trading day, the stock market fell worries, time is running out for lawmakers to avoid a budget agreement in the "wealth cliff."
At closing, the dow Jones industrial average index fell 0.4%, to close at 13139. 8 point. Standard &poor's 500 index fell 0.2% to 1426.66 points. The nasdaq composite index fell 0.2% to 3012.60.
A few weeks, between the White House and congress discussion has been more than budget market main power. If the deal is not reached by the start of 2013, billions of billions of dollars in automatic cut costs and increase the revenue will be fined - many economists believe that promote the economy back into recession.
Half a day before the whole Europe Monday most of the market is open, will not be back until Thursday.
And the development of monitoring in the United States, in the future day, investors will pay close attention to what happened in early February in Italy in the general election.
Last weekend, outgoing prime minister Mario briant, said he would like to return to action, if reform party support him. Briant won praise for his economic reforms and strive to gain traction of the kingdom of lending. Italy use euro 17 European Union countries the second high debt burden. Only Greek is higher.
At the same time, proctor energy information department, McGraw-hill discontent, in a report said, China's apparent oil demand, a year-on-year increase of 9.1% from the same period last year November 42.96 million metric tons, an average of 10.5 million barrels a day, the highest record.




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