Tuesday, April 1, 2014

Epic Research Singapore : Asian Market Update

Asian markets were mixed Tuesday as official data showed a slight pick-up in Chinese manufacturing while a closely watched survey showed Japanese business confidence at a more than six-year high.


 Tokyo eased 0.28 per cent by lunch despite a fall in the yen against the dollar, while Japan ushered in its first sales tax hike since 1997. Sydney dipped 0.32 per cent.

However, Hong Kong added 0.77 per cent, Shanghai gained 0.22 per cent and Seoul was up 0.10 per cent.

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