Monday, March 11, 2013

Asian markets mixed, China data offsets US jobs news





Asian markets were mixed on Monday after another record-breaking performance on Wall Street while Shanghai dipped as disappointing economic data fuelled concerns about China’s economy.


The dollar got a boost from better-than-forecast US jobs figures, hitting multi-year highs against the yen.


Tokyo rose 0.85 per cent, Sydney added 0.12 per cent, Seoul eased 0.85 per cent, Hong Kong was up 0.58 per cent and Shanghai was off 0.17 per cent.









via Business feed http://www.scmp.com/business/money/market-snapshot/article/1188194/asian-markets-mixed-china-data-offsets-us-jobs-news

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