Source Pravda.Ru

Asian markets turn lower, indexes fall into negative territory

By Margarita Snegireva. Asian markets become lower, with benchmark indexes in Hong Kong, Japan, China, Australia, and Singapore falling into negative territory from early highs.

Japanese shares were unsettled after official data showed that industrial output expanded 1.4%, a slower pace than expected, in December from the previous month and is projected to decline in the next two months. The Nikkei 225 Stock Average fell 1% to finish at 13345.03 points after rising as high as 13514.13 earlier in the day. The broader Topix index rose 0.2% to 1331.16.

Electronics stocks slid on dismal earnings and profit-taking brought down the broader market. Chip maker Toshiba lost 2.5% after it reported a 25% drop in quarterly operating profit, while Kyocera fell 2% after it cut its profit forecast for the fiscal year ending March 31 and announced plans to withdraw from the booming Chinese mobile-handset market because of mounting losses, according to reports.

Hong Kong shares finished Wednesday morning lower on caution ahead of the Federal Reserve's decision on interest rates later today and the release of a string of US economic data this week.

The market tracked Wall Street's overnight gains in early trade, but caution set in as investors shifted their focus to the expected release of key data in the US , which should give further clues about the state of the world's biggest economy.

Among key economic indicators due out this week are GDP figures for the fourth quarter and employment data for January.

About 95% of Putin's Address to the Federal Assembly was devoted to social issues, but he also spoke about Russia's military power, her state-of-the-art weapons, and did not miss a chance to intimidate the United States.

Putin addresses social issues, threatens USA with Russia's new missiles in his 15th Federal Assembly speech

About 95% of Putin's Address to the Federal Assembly was devoted to social issues, but he also spoke about Russia's military power, her state-of-the-art weapons, and did not miss a chance to intimidate the United States.

Putin addresses social issues, threatens USA with Russia's new missiles in his 15th Federal Assembly speech
Comments
Shamans burn five camels in sacrifice ritual to make Russia stronger
Shamans burn five camels in sacrifice ritual to make Russia stronger
The Hypocrisy of the Chinese World Dog Show
The Hypocrisy of the Chinese World Dog Show
The Hypocrisy of the Chinese World Dog Show
The Hypocrisy of the Chinese World Dog Show
Shamans burn five camels in sacrifice ritual to make Russia stronger
Shamans burn five camels in sacrifice ritual to make Russia stronger
The Hypocrisy of the Chinese World Dog Show
Putin addresses social issues, threatens USA with Russia's new missiles in his 15th Federal Assembly speech
Trump Reportedly to Declare a National Emergency for Border Wall Funding
Putin addresses social issues, threatens USA with Russia's new missiles in his 15th Federal Assembly speech
Smartphones and social networks not allowed in the Russian Army
Three types of weapons that were stolen from Russia
Three types of weapons that were stolen from Russia
The Documented Ancient Construction Method of The Great Pyramid
Shamans burn five camels in sacrifice ritual to make Russia stronger
The Documented Ancient Construction Method of The Great Pyramid
Homosexuality and the Decline in American Values
Venezuela's Supreme Court v. US Attempted Coup
Putin addresses social issues, threatens USA with Russia's new missiles in his 15th Federal Assembly speech