This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-34471869
The article has changed 4 times. There is an RSS feed of changes available.
Version 0 | Version 1 |
---|---|
Japan shares choppy on capital expenditure numbers | |
(about 2 hours later) | |
Shares in Japan were choppy on Thursday after official figures showed Japanese firms could be spending less on physical assets. | |
Core machinery orders, a leading indicator of capital expenditure, fell by 5.7% in August, compared with expectations for a rise of 3.2%. | Core machinery orders, a leading indicator of capital expenditure, fell by 5.7% in August, compared with expectations for a rise of 3.2%. |
Japan's Nikkei 225 index was down 0.49% at 18,234.04 points in mid morning trade. | |
Investors were also taking in fresh official trade numbers from August. | |
The country's ministry of finance said Japan posted a current account surplus for the 14th month in a row, but that exports were up 3.1% in August from a year earlier, compared to a rise of 7.6% in July. | |
The official numbers showed the surplus at 1.65tn yen ($13.8bn) against expectations for about 1.23tn yen. | |
Meanwhile, global investors were also absorbing a warning from the IMF which said "global financial stability is not yet assured". | |
A senior IMF official said the nature of the danger had changed. Financial stability in advanced economies has improved, but risks had moved towards emerging economies, Jose Vinals explained. | |
China reopens | |
As mainland Chinese markets reopened after the Golden Week holidays, the Shanghai Composite benchmark index was up 3.3% 3,153.46 in mid-morning trade. | |
However, Hong Kong's benchmark Hang Seng was down 0.66% at 22,366.48 points after marking its highest close since 20 August on Wednesday. | |
In Australia, the S&P/ASX 200 was up 0.42% at 5,219.90, with shares in mining giant BHP up 2.97%. | |
In South Korea, the Kospi index was flat, down 0.09% at 2,003.97. |