Asia Business

China's May home prices up 0.7% m/m, touch ahead of April; rise 10.7% y/y

03h36 China's new home prices rose 0.7% month-on-month in May, picking up the pace slightly from a 0.6% gain the previous month, Reuters calculated from National Bureau of Statistics (NBS) data published on Tuesday.. . .  Full story

Iran oil minister says oil market is 'fragile and unstable'- IRIB

17/06 The global oil market is “unstable and fragile”, Iranian Oil Minister Bijan Zanganeh told Russian Energy Minister Alexander Novak in a meeting in Tehran, Iran state broadcaster IRIB said on Monday.. . .  Full story

Iran oil minister discusses 'global cooperation' with Russian counterpart -IRIB

17/06 Iranian Oil Minister Bijan Zanganeh on Monday met his Russian counterpart in Tehran and said the two countries discussed global cooperation in energy sector, state broadcaster IRIB said.. . .  Full story

Israel's ORL delivers first cargo of IMO-spec marine fuel -sources

17/06 Israel's Oil Refineries (ORL) recently delivered its first cargo of 0.5% sulphur content marine fuel, complying with incoming new IMO rules, a trading source said on Monday.. . .  Full story

Lenders seek Jet Airways bankruptcy in last-ditch sale effort

17/06 Jet Airways' creditors said on Monday they plan to begin insolvency proceedings against the Indian airline in a last-ditch bid to find a buyer for the carrier or its remaining assets and recover some. . .  Full story

Egypt's Tourah Cement stops production due to oversupply

17/06 Egyptian cement maker Tourah Cement, a subsidiary of Germany's HeidelbergCement , says it has suspended production because of financial distress caused by oversupply in the Egyptian market and is considering liquidation.. . .  Full story

Battle of the books: An intellectual struggle is underway over the BOJ's mission

17/06 The Bank of Japan's staff bookstore underscores the intellectual battle lines in what has become a renewed debate over the central bank's mission and a contest to define Governor Haruhiko Kuroda's legacy.. . .  Full story

From sushi robots to farm drones: Japan Inc. innovation thwarts BOJ's efforts

17/06 PASTRY SCANNER: A worker at the Andersen bakery outlet at Ueno station in Tokyo uses a checkout scanner to calculate the price of pastries. REUTERS/Kaori Kaneko. . .  Full story

-Etihad hires former Aer Lingus executive as new CFO

17/06 Etihad Airways has appointed former Aer Lingus chief financial officer Andrew MacFarlane as its new group CFO, a spokesman for the Abu Dhabi airline said on Monday.. . .  Full story

Saudi Energy Minister calls for collective effort to secure shipping lanes

17/06 Saudi Arabian Energy Minister Khalid al-Falih said on Monday that countries need to cooperate on keeping shipping lanes open for oil and other energy supplies after last week's tanker attacks in the Middle East. . .  Full story

Aleppo's scattered business owners have yet to return home

17/06 In the old khan, a stone courtyard off Aleppo's medieval souk, most of the 41 cloth shops are deserted. Many of the owners moved elsewhere or went abroad to escape fighting in the historic. . .  Full story

China urges big lenders not to shun small non-banks after Baoshang's woes - sources

17/06 China's securities watchdog has told several large non-bank financial institutions to lend in the interbank market to smaller non-bank firms to help ease any cash shortfalls, sources with direct knowledge of the matter told Reuters. . .  Full story

Summer crop sowing lags in India on slow monsoon progress

17/06 Planting of summer-sown crops in India such as soybean, cotton, rice and corn has been delayed by at least two weeks because of the slow progress of monsoon rains in central and western parts. . .  Full story

China EV maker Human Horizons says to produce cars from Kia Motors' China plant

17/06 China's new electric vehicle (NEV) maker Human Horizons said on Monday that it will use a Kia Motors' joint venture plant to make its first model, according to a company statement published on its. . .  Full story

Hong Kong regulator probing book-building for equities and bonds

17/06 Hong Kong's securities regulator is reviewing how banks build books for equity and debt capital raisings, one of the city's top regulators said on Monday, warning about potential conflicts of interest.. . .  Full story

SE Asia Stocks-Slip as investors cautious ahead of cenbank policy meetings

17/06 Southeast Asian stock markets settled lower on Monday as investors exercised caution ahead of key central bank policy meetings later this week, while political ructions in the Middle East and Hong Kong stifled risk. . .  Full story

China's top steel city Tangshan summons 48 firms over air pollution

17/06 China's top steelmaking city of Tangshan has summoned executives from 48 regional companies with high pollution emissions to a meeting and ordered them to trim output to reduce the smog.. . .  Full story

HK shares end firmer as protests subside; focus on Fed meet

17/06 The Hong Kong stock market closed higher on Monday as local officials suspended efforts to push for a controversial law, de-escalating mass protests, but trading was muted ahead of the U.S. Federal Reserve meeting. . .  Full story

China's local goverments issued $22.8 bln of special bonds in May

17/06 China's local governments issued 157.9 billion yuan ($22.81 billion) worth of special bonds in May, up from 94.5 billion yuan in the previous month, the finance ministry said on Monday.. . .  Full story

Singapore monetary easing bets rise on gloomy export data

17/06 Singapore's non-oil domestic exports (NODX) declined the most in more than three years in May due to a slump in shipments to China, data showed on Monday, prompting economists to raise bets on the. . .  Full story

Japanese shares struggle on trade, economic uncertainties

17/06 Japanese share prices struggled to make headway on Monday as uncertainties over the global economy, U.S.-China trade frictions and the U.S. Federal Reserve's policy stance kept many investors on sidelines.. . .  Full story

ADB says loan talks ongoing after Pakistan claims $3.4 bln agreed

17/06 The Asian Development Bank said talks to provide Pakistan with financial support were ongoing, contradicting Pakistani officials who announced over the weekend that the lender has agreed to provide $3.4 billion in support.. . .  Full story

China plans pilot nuclear reactor for heating in northeast

17/06 China plans to build a pilot small-scale nuclear reactor that could replace coal or gas to heat towns and cities in its colder northern regions, an official with the state-owned developer in charge of. . .  Full story

Taiwan c.bank seen leaving rates unchanged amid trade war worries

17/06 Taiwan's central bank is expected to leave its policy rate unchanged at its meeting on Thursday, a Reuters poll showed, amid renewed worries that an escalating U.S.-China trade war will hurt the island's trade-reliant economy.. . .  Full story

China stocks inch down on economic uncertainties; HK climbs

17/06 China shares eased on Monday amid economic and trade uncertainties, but losses were curbed by hopes for further policy support and ahead of the U.S. Federal Reserve meeting.. . .  Full story

Shorter-dated JGBs slip, mood subdued ahead of Fed and BOJ meetings

17/06 Shorter-dated Japanese government bond prices tracked losses by U.S. Treasuries and slipped on Monday, with the overall market mood subdued ahead of this week's policy meetings by the Federal Reserve and the Bank of Japan.. . .  Full story

BOJ to stand pat even as trade war, dovish Fed cloud outlook

17/06 The Bank of Japan is expected to maintain its massive stimulus programme on Thursday and signal its readiness to ramp up monetary support if growing risks such as the escalating U.S.-China trade war threaten. . .  Full story

Nikkei tick up in sympathy with Hong Kong, outlook cloudy

17/06 Japanese share prices ticked up on Monday, erasing initial losses, after Hong Kong shares gained after Hong Kong's leader indefinitely delayed an unpopular extradition bill that would allow citizens to be sent to mainland China. . .  Full story

China 2018 thermal power investment lowest since 2004 -association

17/06 China's total investment in thermal power construction last year fell to its lowest level since 2004, according to data from an official industry group, as the country tried to restrict investment in polluting projects.. . .  Full story

Egypt in $500 million settlement with Israel Electric Corp -statement

16/06 Egypt has signed a $500 million settlement with state-owned Israel Electric Corp over a defunct natural gas deal, the Egyptian General Petroleum Corporation (EGPC) and Egyptian Natural Gas (EGAS) said in a statement on Sunday.. . .  Full story

Greek PM says may seek sanctions against Turkey in gas row

16/06 Greece and Cyprus will push their EU partners to penalise Turkey, including the possible option of sanctions, if Ankara is verified to have started drilling for gas west of Cyprus, Greek Prime Minister Alexis Tsipras. . .  Full story

Gulf stocks extend losses on tanker attacks, Saudi banks fall

16/06 Stock markets in the Gulf extended losses on Sunday reflecting a cautious mood among investors following last week’s oil tanker attacks. The attacks on the tankers in the Gulf of. . .  Full story

Chinese regulators will restructure Baoshang Bank as soon as possible

16/06 The Chinese government's takeover of Baoshang Bank has caused some pain but prevented bigger financial and social instability, and regulators will restructure the lender as soon as possible, a newspaper affiliated to China's central bank. . .  Full story

G20 agrees to tackle ocean plastic waste

16/06 Group of 20 environment ministers agreed on Sunday to adopt a new implementation framework for actions to tackle the issue of marine plastic waste on a global scale, the Japanese government said after hosting the. . .  Full story

Pakistan says to get $3.4 billion in budgetary aid from ADB

15/06 Pakistan will receive $3.4 billion in budgetary support from the Asian Development Bank (ABD), the de facto finance minister said on Saturday, as the government seeks help to overcome a ballooning balance of payments crisis.. . .  Full story

G20 energy ministers to collaborate to keep market stability

15/06 Energy ministers from the Group of 20 major economies have shared concerns over attacks on tankers in the Gulf and will collaborate to maintain stability in the oil market, Japan's Industry Minister Hiroshige Seko said. . .  Full story

S.Korea stops Iranian oil imports in May as sanction waivers end

15/06 South Korea halted all imports of Iranian oil in May, customs data showed on Saturday, as waivers on U.S. sanctions against Iran ended at the start of last month.. . .  Full story

Moody's downgrades Turkey rating to B1, ministry challenges move

14/06 Moody's cut Turkey's sovereign credit rating deeper into "junk" territory on Friday, saying the risk of a balance of payments crisis continued to rise, and with it the risk of a government default.. . .  Full story

Moody's downgrade not in accordance with Turkish indicators - ministry

14/06 The Turkish Treasury and Finance Ministry said a Moody's downgrade of Turkey's sovereign rating on Friday was not in accordance with the country's economic indicators.. . .  Full story

Asia Gold-India discounts at 5-month high; buying picks up in China, Singapore

14/06 Physical gold discounts in India widened to their biggest in five months this week as an upsurge in local prices dampened purchases, while China and Singapore saw demand rise from investors looking to hedge against. . .  Full story

India minister says confident airline capacity problems will be solved

14/06 India's new civil aviation minister said on Friday he is confident that airline capacity shortage problems following the grounding of Jet Airways Ltd will be solved, in the government's first comments about the issue. . .  Full story

Shanghai bourse details steps to curb abnormal trading on new tech board

14/06 The Shanghai Stock Exchange (SSE) said on Friday it would closely monitor any abnormal trading patterns on its newly-launched Nasdaq-style tech board, in a bid to curb financial risks and protect investors interests.. . .  Full story

SE Asia Stocks-Most fall on poor China industrial output data, Philippines worst hit

14/06 Most Southeast Asian stock markets fell on Friday, with Philippines leading declines, as disappointing output growth in China frayed investor sentiment and curbed risk appetite. Industrial output growth in China,. . .  Full story

China c.bank to increase re-discount, SLF quotas to support banks

14/06 China's central bank said on Friday it will increase the re-discount quota by 200 billion yuan ($28.88 billion) and the standing lending facility quota by 100 billion yuan, marking its latest step to boost. . .  Full story

China's May crude runs drop from peak, but natgas output surges

14/06 +China's crude oil throughput in May rose from a year earlier but eased from a record reached in April, government data showed on Friday, as refiners curbed output amid weakening fuel demand.. . .  Full story

Hong Kong stocks inch down on China growth worries

14/06 The Hong Kong stock market fell for the third straight session on Friday and pared of some its weekly gains, as China reported lacklustre industrial production data. ** At the close of trade, the Hang. . .  Full story

China shares end lower as trade dispute looms; but post weekly gain

14/06 China stocks ended weaker on Friday, as investors kept a cautious stance ahead of data that was released after market hours, while U.S. tariff threats continued to weigh. ** At close, the Shanghai Composite index. . .  Full story

China's May property sales post biggest drop since Oct 2017

14/06 China's property investment growth cooled in May and sales saw their biggest decline since October 2017, suggesting the frothy housing market may not be able to cushion the effects of a slumping manufacturing sector and. . .  Full story

World needs to embrace hydrogen challenge, cut costs - IEA

14/06 The world should take up the challenge to boost the use of hydrogen as a potentially emissions-free source of energy, the International Energy Agency (IEA) said on Friday in its first major report on. . .  Full story

China Jan-May fiscal revenues rise 3.8% y/y

14/06 China's fiscal revenues in the first five months of the year rose 3.8% from the same period a year earlier, the finance ministry said on Friday.. . .  Full story

Japanese stocks buoyed by oil shares; Sony surges on hedge fund's break-up call

14/06 Japan's Nikkei rose on Friday, with energy shares rallying after attacks on two oil tankers in the Gulf of Oman pushed crude oil prices sharply higher.. . .  Full story

Hedge fund Third Point calls on Sony to spin off semiconductor unit

14/06 Daniel Loeb's activist hedge fund Third Point LLC called on Sony Corp on Thursday to spin off its semiconductor business and sell off stakes in Sony Financial and other units, in order to position. . .  Full story

JGBs rise tracking gains in U.S. Treasuries

14/06 Japanese government bond (JGB) prices broadly rose on Friday, tracking overnight gains in U.S. Treasuries amid rising expectations of interest rate cuts by the Federal Reserve.. . .  Full story

China stocks ease ahead of key data; but set for weekly gains

14/06 China stocks edged lower on Friday as investors awaited cues for the country's industrial output data due later in the day, amid prospects of an escalation in the Sino-U.S. trade spat. ** At the midday. . .  Full story

Oil shares support Nikkei; Sony surges on hedge fund's break-up call

14/06 Japan's Nikkei edged up on Friday, with oil shares rallying after attacks on two oil tankers in the Gulf of Oman stoked concerns of reduced crude flows through one of the world's key shipping. . .  Full story

China cenbank's maturing bills, repos next week

14/06 Maturing Chinese central bank reverse bond repurchase agreements will drain 55 billion yuan ($7.95 billion) next week. The People's Bank of China (PBOC) has drained 565 billion yuan on a net. . .  Full story

Mitsubishi Aircraft unveils SpaceJet brand, revamped version of smaller jet

14/06 Japan's Mitsubishi Aircraft Corp rebranded its MRJ family jets to be called the "SpaceJet" and unveiled a redesigned version of the smaller jet to help improve its sales prospects in the large U.S. market.. . .  Full story

China cenbank weekly open market operations at a glance; PBOC drains 565 bln yuan YTD

14/06 The People's Bank of China (PBOC) has drained 565 billion yuan ($81.63 billion) on a net basis from money markets via open market operations (OMOs) so far this year.. . .  Full story

Algeria’s court places former trade minister in custody over corruption allegations - Ennahar tv

13/06 Algeria’s supreme court on Thursday placed former trade minister Amara Benyounes in custody over corruption allegations, private channel Ennahar TV reported.. . .  Full story

China agriculture ministry says no proof natural compound prevents swine fever

13/06 China's ministry of agriculture said on Thursday a company which claimed a natural compound was effective in preventing African swine fever did not have government approval to research the virus and its assertions were not. . .  Full story

Turkey's Baticim to sell up to 75% of cement maker Batisoke - sources

13/06 Baticim, a unit of Turkish conglomerate Bati Anadolu Group, is looking to sell a stake of up to 75% in cement manufacturer Batisoke, according to a source close to the process and a document. . .  Full story

-Tanker attacks cause jitters among Gulf bond investors

13/06 International bonds issued by Gulf Cooperation Council (GCC) states weakened on Thursday after two tankers were hit in suspected attacks in the Gulf of Oman, a month after a similar incident in which four. . .  Full story

Aiding "organised crime": India alleges 22 audit violations by Deloitte, KPMG arm in fraud case

13/06 India detected at least 22 violations of auditing standards by Deloitte Haskins & Sells and a KPMG affiliate while investigating a fraud at a financial company, leading it to seek a five-year ban on. . .  Full story

Iran's Rouhani says security in the Gulf is highly important to Iran

13/06 Security in the Gulf is of high importance to Iran, President Hassan Rouhani said on Thursday, hours after two tankers in the Gulf of Oman were evacuated following suspected attacks.. . .  Full story

Stop-gap measures not enough to curb Israel's budget deficit

13/06 Israel's Finance Ministry proposed some temporary fixes on Thursday to curb the country's budget deficit, but said its hands are tied in taking stronger action that is needed until a permanent government is in. . .  Full story

Mitsubishi Aircraft unveils new planes for regional markets

13/06 Japan's Mitsubishi Aircraft Corp on Thursday unveiled the Mitsubishi SpaceJet family of aircraft, as the jet maker steps up its focus on the commercial regional air travel market.. . .  Full story

Iraq has enough wheat and rice until end of 2019 -grain board

13/06 Iraq has enough wheat and rice to last until the end of the year, although it will continue to import to boost its reserves, the head of its state grain board said on Thursday.. . .  Full story

SE Asia Stocks-Malaysia ends at 2-week low; Singapore gains on China's stimulus hopes

13/06 The Malaysian stock market hit a two-week closing low on Thursday dragged by utility stocks, as a U.S.-China standoff over terms of a trade deal dampened investor sentiment, while hopes of further stimulus from. . .  Full story

Warburg Pincus-backed ESR shelves largest HK IPO this year

13/06 Logistics real estate developer ESR Cayman Ltd, backed by private-equity firm Warburg Pincus, said it would postpone its up to $1.24 billion Hong Kong listing that would have been the largest in the Asian hub. . .  Full story

OPEC to issue June oil market report at 1040 GMT

13/06 OPEC's June Monthly Oil Market Report will be issued at 1040 GMT on Thursday. (Editing by Jane Merriman). . .  Full story

India's Reliance Capital rejects PwC's observations after auditor quits

13/06 Reliance Capital said on Thursday the observations of global audit firm PwC about its fiscal accounts were "completely baseless and unjustified", after PwC in a surprise move resigned earlier this week as the auditor of. . .  Full story

Indonesia's 2019 GDP growth to be slower than targeted - finmin

13/06 Indonesia's economic growth in 2019 is expected to be slower than a 5.3% target in the state budget due to more sluggish global economic growth, lower trade volume and low commodity prices, the finance. . .  Full story

Hong Kong stocks recoup losses as developers shine

13/06 Hong Kong shares recovered most of their early losses and ended slightly lower on Thursday amid street protests, thanks to gains in real estate firms and mainland money flows.. . .  Full story

Shanghai stocks rebound as Beijing talks up policy boost

13/06 Shanghai stocks recovered from early losses to end steady on Thursday on hopes Beijing will roll out further measures to bolster the economy amid a bruising trade war with Washington.. . .  Full story

India's Jet Airways plunges as bourse moves to limit speculative trading

13/06 Shares of Jet Airways sunk over 23% to a record low on Thursday after India's largest stock exchange said the carrier would soon no longer be traded in the derivatives market, while day-trading in. . .  Full story

Frontline oil tanker struck by torpedo off UAE coast - Tradewinds

13/06 An oil tanker owned by Norway's Frontline has been struck by a torpedo off the coast of Fujairah in the United Arab Emirates, shipping newspaper Tradewinds reported on Thursday, citing unnamed industry sources.. . .  Full story

China, Hong Kong homebuyers play cross-border musical chairs in Bay Area

13/06 An ambitious plan to transform the industrial towns of China's Pearl River Delta into a modern economic zone powered by new technology ventures has triggered a rush of cross-border property investments between Hong Kong and. . .  Full story

Long-dated JGB prices fall as 30-year bond auction receives weak demand

13/06 Super-long Japanese government bond (JGB) yields jumped back on Thursday, after a 30-year bond auction received weak investor demand.. . .  Full story

Cyclone Vayu spares Indian west coast a direct hit, to skirt coast

13/06 A powerful cyclone that threatened the western Indian state of Gujarat, has changed course and it is now expected to just brush past the coast, authorities said on Thursday, although ports and coastal airports remained. . .  Full story

Nikkei slips as chip-related stocks weigh; Japan Display tanks

13/06 Japan's Nikkei fell on Thursday, with chip-related shares battered after their U.S. counterparts tumbled while the U.S.-China trade dispute and geopolitical risks dampened sentiment.. . .  Full story

China launches Nasdaq-style tech board in Shanghai, expects challenges

13/06 China on Thursday officially launched Shanghai's Nasdaq-style tech board, with the country's top securities regulator cautioning that the hotly-anticipated STAR Market will face various challenges initially.. . .  Full story

China stocks steady on policy support hopes; HK drops amid protests

13/06 China stocks recovered from earlier losses on Thursday, as Chinese vice premier called for fresh measures to support the economy amid a bruising trade war with the United States.. . .  Full story

Nikkei slips on weakness in chip-related stocks

13/06 Japan's Nikkei fell on Thursday morning, with chip-related shares battered after their U.S. counterparts tumbled while concerns over U.S.-China trade frictions kept activity in check.. . .  Full story

Dubai developer The First Group to issue $135 mln sukuk

12/06 The First Group, a Dubai-based developer and real estate investor, plans to issue $135 million in sukuk, or Islamic bonds, a company spokeswoman said.. . .  Full story

Vodacom challenges 2G network suspension in Congo court

12/06 Vodacom Group's local unit in the Democratic Republic of Congo has filed a lawsuit against the revocation of its 2G telecoms license, the country's telecommunications minister said on Wednesday.. . .  Full story

Iran says fire at South Pars gas platform contained, no fatalities -SHANA

12/06 A fire that broke out on a platform of the South Pars gas field in the Gulf on Wednesday has been contained and no fatalities were reported, Iran's oil ministry news agency SHANA said.. . .  Full story

Turkey to extend new $4.3 bln loan package to companies

12/06 Twelve Turkish banks will offer companies a total of 25 billion lira ($4.31 billion) as part of a Treasury-backed loan package, the banking association (TBB) said on Wednesday, in what would be Ankara's latest. . .  Full story

India's Reliance Capital tumbles after auditor resigns

12/06 Shares in Reliance Capital Ltd closed 6% lower on Wednesday after the non-banking finance company (NBFC) said its auditor had resigned, sparking worries about the financial health of another player in India's troubled shadow banking. . .  Full story

Pakistan stocks up, but IMF-friendly budget gets mixed reviews

12/06 Pakistani stocks rose on Wednesday and the business community gave mixed reviews of Prime Minister Imran Khan's first budget aimed at securing a $6 billion bailout from the International Monetary Fund (IMF).. . .  Full story

Nickel prices under pressure from vanishing deficits

12/06 Rapidly rising nickel supplies and slowing demand from stainless steel mills are weighing on prices of the metal, which are likely to come under further pressure this year as deficits disappear.. . .  Full story

India May inflation hits seven-month high; still room for rate cut

12/06 India's retail inflation rate hit a seven-month high in May due to higher food prices, government data showed on Wednesday, but stayed below the central bank's target and potentially gives it room for more interest. . .  Full story

Indonesia plans permanent moratorium on new forest clearance -minister

12/06 Indonesia's moratorium on new forest clearing for palm plantations or logging operations, which has been regularly extended since 2011, will become permanent, the environment minister said on Wednesday.. . .  Full story

Zambia's Konkola Copper Mines plans to restart smelter on June 22

12/06 Zambia's Konkola Copper Mines (KCM), owned by Vedanta Resources, plans to restart its Nchanga smelter on June 22, the company said on Wednesday.. . .  Full story

SE Asia Stocks-Most fall on China slowdown worries; trade gloom

12/06 Most Southeast Asian stock markets fell on Wednesday, with Vietnam taking the biggest hit, as fears of slowing growth in China and dwindling hopes of progress in Sino-U.S. trade talks dampened the trading sentiment.. . .  Full story

China's outstanding total social financing up 10.6% y/y at end-May

12/06 China's outstanding total social financing (TSF) was 211.06 trillion yuan ($30.5 trillion) at the end of May, up 10.6% from a year earlier, the central bank said on Wednesday.. . .  Full story

Chinese auto sales post worst-ever monthly decline as trade war intensifies

12/06 China reported the worst-ever monthly sales drop in the world's largest vehicle market on Wednesday, exacerbating concerns over the country's economic slowdown and growing impact of an ongoing trade war with the United States.. . .  Full story

India evacuates hundreds of thousands as cyclone Vayu builds fury

12/06 India evacuated hundreds of thousands of people to shelters along the coast in its western state of Gujarat as a cyclone gathering intensity over the Arabian Sea was expected to hit land on Thursday.. . .  Full story

China stocks fall on weak factory inflation, trade war worries

12/06 China stocks fell on Wednesday after the previous session's rally, as weak factory inflation data and prospects of an escalation in the Sino-U.S. trade war curbed risk appetite.. . .  Full story

Nikkei snaps 3-day winning streak as fresh trade worries weigh

12/06 Japan's Nikkei share average fell on Wednesday, snapping a three-day winning streak, as the tough stance taken by U.S. President Donald Trump in his latest comments on trade negotiations with China fed worries of a. . .  Full story

JGBs mostly flat, but super-longs gain ahead of auction

12/06 Japanese government bonds were little changed on Wednesday, but super-long bonds gained supported by strong demand from domestic investors ahead of an upcoming auction of 30-year debt.. . .  Full story