Global Markets

Nikkei pokes above 8,800 on short-covering, easing yen

TOKYO, June 21 - Japan's Nikkei share average rose on Thursday morning as investors unwound some short positions and sentiment was buoyed by a weaker yen after the U.S. Federal Reserve held back from a third round of quantitative easing to prop up the U.S. economy.

STOCKS NEWS SINGAPORE-OCBC cuts Yangzijiang target price

OCBC Investment Research lowered its target price on shipbuilder Yangzijiang Shipbuilding (Holdings) Ltd to S$1.08 from S$1.23 while keeping its hold rating, citing a dim outlook for the industry.

STOCKS NEWS SINGAPORE-Nam Cheong jumps on contract win

Shares of Singapore-listed Malaysian offshore vessel builder Nam Cheong Ltd surged as much as 13.7 percent to a seven-week high after it said it was awarded a letter of intent for projects worth $130 million.

Nikkei rises above 8,800 on weaker yen after Fed move

* Short-covering supports as MSCI stands pat on Korea, Taiwan

Hong Kong shares open weaker, China flash PMI eyed

HONG KONG, June 21 - Hong Kong shares opened slightly weaker on Thursday ahead of the release of China's HSBC flash PMI that could give investors fresh clues on the state of the slowdown in the world's second-largest economy.

2:37am BST

Hong Kong shares set to edge lower ahead of China flash PMI

June 21 - Hong Kong shares could start lower on Thursday ahead of the release of China's HSBC flash PMI later in the day that could give investors fresh clues on the state of the slowdown in the world's second-largest economy.

2:06am BST
World Markets

UPDATE 1-UK Stocks-Factors to watch on Wednesday June 20

* Britain's FTSE 100 index is seen opening down 6-10 points, or 0.2 percent on Wednesday, according to financial bookmakers, retreating after strong gains in the previous session as investors await news from the latest Federal Reserve meeting and hope for further economic stimulus measures. For more on the factors affecting European stocks, please click on

European shares turn negative in choppy trade

LONDON, Nov 10 - European shares turned negative again on Thursday in choppy trade with the focus firmly on prospects for a new Italian government.

Nikkei pokes above 8,800 on short-covering, easing yen

TOKYO, June 21 - Japan's Nikkei share average rose on Thursday morning as investors unwound some short positions and sentiment was buoyed by a weaker yen after the U.S. Federal Reserve held back from a third round of quantitative easing to prop up the U.S. economy.

Hong Kong shares open weaker, China flash PMI eyed

HONG KONG, June 21 - Hong Kong shares opened slightly weaker on Thursday ahead of the release of China's HSBC flash PMI that could give investors fresh clues on the state of the slowdown in the world's second-largest economy.

2:37am BST
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