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| Version 0 | Version 1 |
|---|---|
| Asia shares mixed on weaker US dollar | Asia shares mixed on weaker US dollar |
| (34 minutes later) | |
| Asian shares started the week mostly higher on Monday, following Wall Street's gains after the US Federal Reserve's new guidance on interest rates and a weaker dollar. | Asian shares started the week mostly higher on Monday, following Wall Street's gains after the US Federal Reserve's new guidance on interest rates and a weaker dollar. |
| The dollar's strength pulled back after the Fed on Wednesday vowed a cautious approach to lifting interest rates. | The dollar's strength pulled back after the Fed on Wednesday vowed a cautious approach to lifting interest rates. |
| In Japan, the benchmark Nikkei 225 index was up 0.8% to 19,707.71. | |
| The dollar was at 120.01 yen, down from 120.11 yen in New York on Friday. | The dollar was at 120.01 yen, down from 120.11 yen in New York on Friday. |
| Chinese shares also headed higher. | |
| Hong Kong's Hang Seng index was up 0.4% to 24,469.07 points, while the Shanghai Composite was higher 0.7% to 3,642.28. | |
| Hong Kong-listed shares of Asia's largest oil refiner Sinopec were down 2.9% after the company posted its first quarterly loss since becoming a public firm in 2000. | |
| Sinopec reported a fourth-quarter net loss of 5.3bn yuan ($854.3m) against a net profit of 13.8bn yuan for the same period a year earlier. The company attributed the loss to the tumble in oil prices since the middle of last year. | |
| Australian shares headed lower, but the country's benchmark index was testing the 6,000 level last touched more than seven years ago. | Australian shares headed lower, but the country's benchmark index was testing the 6,000 level last touched more than seven years ago. |
| The S&P/ASX 200 was down 0.4% to 5,954.5. | |
| In South Korea, the Kospi index was up 0.1% to 2,039.46 points. | |
| Meanwhile, Singapore listed shares of Noble Group were up 4% after the commodities trader said it was launching legal action against allegations made by little known research firm Iceberg over its accounting practices. |