Friday, July 11, 2014

Asian Market Update : Epic Research Singapore

Asian markets were mixed while the safe-haven yen edged up Friday following a sell-off on Wall Street and in Europe as fears over eurozone debt resurfaced with a payment crisis at Portugal's biggest listed bank.
News that the parent of Banco Espirito Santo had covered up a US$1.8 billion hole in its accounts fanned worries of a return to the debt crisis that wracked Europe just three years ago.
Tokyo fell 0.31 per cent, Hong Kong added 0.14 percent, Shanghai was 0.45 per cent up and Seoul shed 0.55 per cent, while Sydney edged 0.15 per cent higher.

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