Asian shares mostly up, Japan airlines hit by Boeing woe

Asian markets mostly rose on Thursday, with a weaker yen lifting Tokyo following the previous day’s losses but Japan’s top two airlines fell after grounding their Boeing 787 Dreamliners on safety fears.

News that US authorities had also ordered airlines to stop flying the troubled Boeing airplanes added to selling pressure on Japan Airlines and All Nippon Airways and supplier firms after a string of incidents.

Tokyo rose 0.18 per cent, Hong Kong added 0.49 per cent, Sydney was 0.74 per cent higher and Seoul put on 0.10 per cent but Shanghai eased 0.19 per cent.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1130019/asian-shares-mostly-japan-airlines-hit-boeing-woe