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-33358539

The article has changed 5 times. There is an RSS feed of changes available.

Version 2 Version 3
Japan shares up on weaker yen and US payroll report Japan shares up on weaker yen and US payroll report
(about 5 hours later)
Shares in Japan opened up on Thursday - despite ongoing concern over Greece - as investors welcomed a weaker yen against the dollar and after US markets ended higher after good payroll data. Shares in Japan were higher on Thursday - despite continuing concerns over Greece - as investors welcomed a weaker yen against the dollar and higher US markets.
In Tokyo, the benchmark Nikkei 225 share index was up 1.13% at 20,557.13 points in mid-morning trade. In Tokyo, the benchmark Nikkei 225 share index closed up 0.95% at 20,522.50 points.
The dollar was buying 123.33 yen in early Asian trade, from 123.15 yen in New York on Wednesday. The dollar was buying 123.44 yen in Asian trade, up from 123.15 yen in New York on Wednesday.
A weaker yen against the dollar is good for Japan's big exporting firms.A weaker yen against the dollar is good for Japan's big exporting firms.
It makes their goods cheaper to buy overseas and gives a boost to their bottom line when they repatriate earnings.It makes their goods cheaper to buy overseas and gives a boost to their bottom line when they repatriate earnings.
In the US, markets were buoyed by news from payroll firm ADP that businesses had added 237,000 positions in June, up from May numbers, and beating expectations. Official US jobs numbers are due out later Thursday. In the US, markets were buoyed by news from payroll firm ADP that businesses had added 237,000 positions in June, up from May and beating expectations. Official US jobs numbers are due out later Thursday.
In Australia the S&P/ASX 200 was up 0.76% at 5,557.80 despite official figures showing the country's trade deficit in May was bigger than expected. Thursday's figures put the gap at 2.75bn Australian dollars ($2.09bn; £1.34bn) against forecasts of a $2.2bn deficit. In Australia the S&P/ASX 200 closed up 1.52% at 5,599.80 despite official figures showing the country's trade deficit in May was bigger than expected. Thursday's figures put the gap at 2.75bn Australian dollars ($2.09bn; £1.34bn) against forecasts of a $2.2bn deficit.
Meanwhile, South Korea's benchmark Kospi was up 0.28% at 2,103.81. Meanwhile, South Korea's benchmark Kospi closed up 0.45% at 2,107.33.
Greek expectations
Analysts said investors were expected to continue trading tentatively in most of Asia after Eurozone finance ministers ruled out any further talks on a fresh bailout for Greece until Sunday's referendum.
Greece is set to vote on Sunday to accept or reject proposals made by its creditors last week, with Prime Minister Alexis Tsipras urging a 'no' vote.
EU leaders have warned a 'no' vote would mean leaving the euro, while market analysts have said a 'no' vote would see investor sentiment hit and more volatile trading ahead.
Ongoing volatilityOngoing volatility
The Shanghai Composite was down 0.9% at 4,017.06 in early trade, while Hong Kong's benchmark Hang Seng was up 0.22% at 26,323.86 after being closed for a public holiday on Wednesday. The Shanghai Composite was down 5.03% at 3,849.92in afternoon trade, while Hong Kong's benchmark Hang Seng was flat, up 0.09% at 26,272.60 after being closed for a public holiday on Wednesday.
Mainland Chinese shares fell 5.2% on Wednesday, reversing most of the gains seen in the previous session and adding to several days of erratic trade. Mainland shares - which have seen several days of erratic trade - were down again despite further moves late on Wednesday by the regulator to calm the market.
Analysts have said that talk of the government putting a stop to new share listings, together with reports that endowment pension funds may be able to invest in equities for the first time, had sent ripples through the market. The China Securities Regulatory Commission (CSRC) last month tightened its rules on margin lending - or the minimum amount of money investors are required to have as a deposit.
However on Wednesday, after several days of volatile trade, the regulator said it would remove some of those limits.
Analysts were divided over the so-called calming attempts.
"Margin trading is a double-edged sword," securities analyst Zhang Yanbing told AFP news agency.
"It had driven the market up quickly and the process of deleveraging also caused wild market swings," he added.
Talk of the government putting a stop to new share listings in order to help calm the market had also sent ripples through the market this week, however the CSRC on Wednesday said it had approved two new initial public offering plans from a lender and a port operator.
Greek expectations
Analysts said investors were expected to continue trading tentatively in most of Asia after eurozone finance ministers ruled out any further talks on a fresh bailout for Greece until Sunday's referendum.
Greece is set to vote on Sunday to accept or reject proposals made by its creditors last week, with Prime Minister Alexis Tsipras urging a "no" vote.
EU leaders have warned a "no" vote would mean leaving the euro, while market analysts have said it would see investor sentiment hit and more volatile trading ahead.