View the article online at http://citywire.co.uk/wealth-manager/article/a737579
Overnight Markets: US stocks plunge as Ukraine-Russia tension escalates
by Himanshu Singh on Mar 04, 2014 at 02:38
In Asia, shares oscillated between gains and losses on Tuesday as investors weighed the crisis in Crimea and ahead of the National People’s Congress annual meeting in China starting on Wednesday.
The MSCI Asia Pacific Index rose 0.2% to 137 as of 10:09 a.m. in Hong Kong after falling as much as 0.4%. Japan’s Topix climbed 0.7%, erasing losses of as much as 0.9% as the yen weakened.South Korea’s Kospi index declined 0.1%. Australia’s S&P/ASX 200 Index added 0.2%, with the central bank projected to keep interest rates at a record low today. New Zealand’s NZX 50 Index rose 0.6%, extending gains from yesterday’s record close.
News sponsored by:
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.
Today's top headlines
From Nigeria to Pakistan and from Kenya to Kuwait, frontier markets are catching investors' attention as never before.
More about this:
On the road
on Aug 01, 2014 at 10:58