This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-31827805
The article has changed 4 times. There is an RSS feed of changes available.
| Version 1 | Version 2 |
|---|---|
| Asia shares in mixed trading despite US market falls | Asia shares in mixed trading despite US market falls |
| (35 minutes later) | |
| Shares in Asia were mixed despite a sharp fall in US stocks, as fears of an earlier-than-expected Federal Reserve rate rise in the US worried investors. | Shares in Asia were mixed despite a sharp fall in US stocks, as fears of an earlier-than-expected Federal Reserve rate rise in the US worried investors. |
| The benchmark Nikkei 225 reversed earlier losses and moved into positive territory, up 0.48% at 18,755.37 points. | The benchmark Nikkei 225 reversed earlier losses and moved into positive territory, up 0.48% at 18,755.37 points. |
| Shares were being given a boost as the yen weakened against the US dollar. | Shares were being given a boost as the yen weakened against the US dollar. |
| A weaker yen makes Japan's exports cheaper to buy overseas and gives a boost to company earnings. | |
| The US dollar, which strengthened across the board on Tuesday on the rate-hike expectations, reached an almost eight-year high of 122.04 yen before falling back to 121.15 yen. | The US dollar, which strengthened across the board on Tuesday on the rate-hike expectations, reached an almost eight-year high of 122.04 yen before falling back to 121.15 yen. |
| The Nikkei was up despite official figures showing Japan's core machinery orders falling 1.7% in January compared to the previous month, as companies remain concerned about the country's long-term economic outlook. | The Nikkei was up despite official figures showing Japan's core machinery orders falling 1.7% in January compared to the previous month, as companies remain concerned about the country's long-term economic outlook. |
| Core machinery orders are seen as a measure of capital spending in the coming six to nine months and the latest figure compares with 1.9% increase in January last year. | Core machinery orders are seen as a measure of capital spending in the coming six to nine months and the latest figure compares with 1.9% increase in January last year. |
| Elsewhere in Asia | Elsewhere in Asia |
| Hong Kong's Hang Seng index was flat, down just 0.04% at 23,887.30, while on the mainland, the Shanghai Composite was up 0.82% at 3,312.97. | Hong Kong's Hang Seng index was flat, down just 0.04% at 23,887.30, while on the mainland, the Shanghai Composite was up 0.82% at 3,312.97. |
| In Australia, the benchmark S&P/ASX 200 index was down 0.42% at 5,799.70, following the US, while analysts said falling oil and metals prices were likely to worry investors holding energy and resource stocks. | In Australia, the benchmark S&P/ASX 200 index was down 0.42% at 5,799.70, following the US, while analysts said falling oil and metals prices were likely to worry investors holding energy and resource stocks. |
| South Korea's benchmark Kospi index was down 0.48% at 1,975.17 after closing down 0.40% on Tuesday. | South Korea's benchmark Kospi index was down 0.48% at 1,975.17 after closing down 0.40% on Tuesday. |