日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Markets

Asian stocks advance as renminbi snaps decline

(Agencies) Updated: 2015-08-14 10:02

Asian stocks rose, with the benchmark index climbing from a seven-month low, as China's currency stemmed its plunge after the central bank signaled support.

Inpex Corp, Japan's biggest oil explorer, rose 1.1 percent as crude futures advanced. Foxconn Technology Co, whose products include Apple Inc's iPhone, jumped 8.1 percent in Taipei after earnings beat analyst estimates. SoftBank Group Corp slid 2.6 percent in Tokyo after its biggest investment in Alibaba Group Holdings Ltd tumbled in United States trading.

The MSCI Asia Pacific Index gained 0.1 percent to 138.37 in Tokyo. The People's Bank of China, the central bank, said it supports a strong, stable yuan in the long term after its Tuesday decision to devalue the currency roiled global markets.

The move stalled the dollar's advance and boosted the appeal of sovereign bonds amid speculation that the Federal Reserve may hold off raising US rates for the first time since 2006.

"It's been an overreaction," said Sean Darby, Jefferies Group Inc's chief global equity strategist. "This has been on the agenda for some time. The move is probably a very good adjustment for China in the longer term."

The Shanghai Composite Index climbed 1.8 percent at the close, erasing earlier losses of as much as 1.2 percent. The Hang Seng China Enterprises Index of Chinese mainland companies in Hong Kong and the city's benchmark Hang Seng Index both gained 0.4 percent.

The onshore yuan weakened 0.5 percent, after a two-day loss of 2.8 percent, while the freely traded offshore yuan rebounded 1.1 percent.

The Shanghai Composite Index has fallen 23 percent from its June peak amid concern the nation's economic slowdown is deepening.

Data this month showed producer prices slid in July to the lowest level since 2009 and overseas shipments dropped more than expected. Industrial production and retail sales also missed forecasts last month, according to a report on Wednesday.

"I won't be surprised to see slightly more devaluation in the yuan," Kirk Hartman, who helps oversee about $351 billion as chief investment officer of Los Angeles-based Wells Capital Management, said.

"I would stay a bit away from the market. Long-term, I think China is fine but you have to be prepared for more volatility."

South Korea's Kospi Index advanced 0.4 percent. The nation's central bank held its key interest rate at a record low as it gauges the health of the economy and the impact of China's devaluation. Japan's Topix Index gained 0.1 percent, erasing earlier losses of as much as 0.9 percent. Taiwan's Taiex Index added 0.3 percent. Singapore's Straits Times Index climbed 1.2 percent. Australia's S&P/ASX 200 Index rose 0.1 percent. New Zealand's NZX 50 Index slid 0.3 percent.

Futures on the Standard & Poor's 500 Index dropped 0.2 percent. The underlying index rose 0.1 percent on Wednesday after erasing losses of as much as 1.5 percent.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 一区二区高清在线 | 中文字幕免费看 | 青草影院在线观看 | 久久成人精品 | 91爱爱网站| 亚洲国产精品久久久久久 | 欧美亚洲网站 | 免费在线观看视频 | 国产一区二区视频在线 | 欧美色插 | 国产精品男女 | 午夜久久影院 | 亚洲综合成人在线 | 91看片儿| 天堂激情网 | 日本午夜影院 | 国产一级特黄毛片 | av在线播放网 | www.色网站| 欧美亚洲精品在线 | 亚洲男人网站 | 欧美特黄一级 | 日本黄色短视频 | 中国毛片视频 | 国产欧美第一页 | 亚洲天堂导航 | 婷婷色影院 | 一级片黄色 | 成人综合网站 | 久久视频在线免费观看 | 69久久精品| 日韩a毛片 | 五月天av网站 | 国产一区二区三区在线 | 日本免费www | 国内精品久久久久久久久久久 | 国产精品福利片 | 欧美三级一区 | 欧美一级欧美三级 | 久久成人精品 | 一区二区三区四区五区 |