Tuesday, April 2, 2013

Asian markets mostly rise, strong yen hits Nikkei





Asian markets mostly rose on Tuesday in the first full session after the Easter break, but Japanese shares sank for a second straight day as the yen extended its recent gains.


The greenback came under renewed selling pressure after a weak set of US manufacturing data raised concerns about the economy, while the euro remains under pressure owing to political deadlock in Italy.


Tokyo fell 0.23 per cent by the break, but Hong Kong climbed 0.41 per cent, Shanghai added 0.55 per cent, Sydney was 0.42 per cent higher and Seoul was flat.









via Business feed http://www.scmp.com/business/money/markets-investing/article/1205393/asian-markets-mostly-rise-strong-yen-hits-nikkei

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