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Overnight Markets: US stocks soar on Fed minutes
by Himanshu Singh on Apr 10, 2014 at 04:29
The MSCI Asia Pacific Index gained 0.4% to 139 as of 10:23 a.m. in Hong Kong. Hang Seng Index slid 0.3%. China’s Shanghai Composite Index lost 0.2% and Singapore’s Straits Times Index fell 0.7%.
Japan’s Topix index climbed 0.8%, rising for the first time in five days. South Korea’s Kospi index advanced 0.1%. Australia’s S&P/ASX 200 Index rose 0.5% after the country’s unemployment rate unexpectedly declined in March. New Zealand’s NZX 50 Index added 1%.
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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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From Nigeria to Pakistan and from Kenya to Kuwait, frontier markets are catching investors' attention as never before.
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On the road
on Jul 29, 2014 at 13:10