TOKYO Asian stocks slipped on Tuesday, their recent recovery stalling after European equities broke a winning streak, while the dollar edged up to pull further away from three-year lows.
SINGAPORE Oil markets were split on Tuesday, with U.S. crude was pushed up by reduced flows from Canada while international Brent prices eased.
TOKYO The reappointment of Bank of Japan Governor Haruhiko Kuroda for another five-year term means the central bank will continue to gradually edge away from crisis-mode stimulus, former BOJ board member Takahide Kiuchi said.
TOKYO The dollar steadied on Tuesday after pulling ahead from a three-year low against a currency basket the previous day, though it was dogged by growing concerns a ballooning fiscal deficit in the United States could disrupt the economy.
The world's biggest asset manager BlackRock Inc upgraded its view on U.S. stocks, citing very strong earnings momentum, while cutting European stocks to neutral.
BRUSSELS Euro zone finance ministers on Monday chose Spanish Economy Minister Luis de Guindos to succeed European Central Bank Vice President Vitor Constancio in May, a move likely to boost the chances of a German becoming head of the ECB next year.
* DEC QUARTER LOSS 1.17 BILLION RUPEES VERSUS LOSS 383.1 MILLION RUPEES YEAR AGO
* Old Mutual, Anglo American rise on Zuma resignation (Adds details, closing prices)
* HSI financial sector sub-index is 3 percent higher; property sector up 2 percent
Asia/Pacific Market Reports
Americas Market Reports
- Gold: PRECIOUS-Gold prices fall for a third day as dollar bounces off Dec 2014-lows
- Oil Report: UPDATE 2-Papua New Guinea LNG partners set plans for big expansion
- US Dollar Report: FOREX-Dollar steadies but dogged by worries over deficits, inflation
- British Pound Report: UPDATE 1-Sterling edges lower ahead of crucial wage data