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-36852626
The article has changed 4 times. There is an RSS feed of changes available.
Version 0 | Version 1 |
---|---|
Japan stocks rise on $186bn stimulus bets | Japan stocks rise on $186bn stimulus bets |
(about 1 hour later) | |
Japanese stocks are rising on bets the government will unveil a stimulus package that could be double the size initially expected. | Japanese stocks are rising on bets the government will unveil a stimulus package that could be double the size initially expected. |
Prime Minister Shinzo Abe is looking to compile a package of at least 20 trillion yen ($186bn; £141bn) according to the Kyodo News agency. | Prime Minister Shinzo Abe is looking to compile a package of at least 20 trillion yen ($186bn; £141bn) according to the Kyodo News agency. |
The world's third-largest economy is still trying to emerge from deflation. | The world's third-largest economy is still trying to emerge from deflation. |
Both the benchmark Nikkei 225 and broader Topix indexes rose 1% at the open. | Both the benchmark Nikkei 225 and broader Topix indexes rose 1% at the open. |
In the currency market, the Japanese yen fell to a six-week low against the US dollar. | In the currency market, the Japanese yen fell to a six-week low against the US dollar. |
Over in Australia, the S&P/ASX 200 rose 0.6% while New Zealand stocks also gained 0.6%. | |
South Korea's Kospi is trading flat. | |
Hong Kong's Hang Seng is 0.6% and the Shanghai Composite is up 0.2%. | |
Malaysia's share market is the only one trading lower after US authorities said the country's state investment fund 1MDB misappropriated billions of dollars. |