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Overnight Markets: Dow Jones surpasses 17,000 on jobs report
by Himanshu Singh on Jul 04, 2014 at 04:10
The MSCI Asia Pacific Index climbed 0.3% to 148 as of 10:48 a.m. in Tokyo. Japan’s Topix index rose 0.5% as the yen held losses from the past three days. South Korea’s Kospi index and New Zealand’s NZX 50 Index both gained 0.1%. Australia’s S&P/ASX 200 Index added 0.6%.
Taiwan’s Taiex index slipped 0.4% and Singapore’s Straits Times Index rose 0.4%. Hong Kong’s Hang Seng Index climbed 0.2%. The Hang Seng China Enterprises Index of mainland stocks traded in the city advanced 0.5%, while the Shanghai Composite Index lost 0.2%.
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As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.
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On the road
by James Phillipps on Jul 23, 2014 at 14:34