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Breaking News | Asian markets mixed after China, Japan data

Started by philippines, November 12, 2012, 02:00:41 PM

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philippines

Asian markets mixed after China, Japan data

HONG KONG - Asian markets were mixed Monday as another round of healthy Chinese data was offset by figures showing Japan's economy shrinking, while fears over the US "fiscal cliff" also hurt sentiment.

 

The euro edged up slightly after Greek lawmakers said they had approved a 2013 budget that would secure the latest batch of bailout cash that will help it avoid bankruptcy.

 

Tokyo fell 0.49 percent, Sydney lost 0.10 percent and Seoul eased 0.34 percent, while Hong Kong added 0.10 percent and Shanghai gained 0.23 percent.

 

Recent indications that the Chinese economy is emerging from a drawn-out slumber were reinforced Saturday when figures showed exp...Keep on reading: Asian markets mixed after China, Japan data

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