17:02 25-10-2014
MAIN Russian
About us On-line subscription
KazakhstanTajikistanUzbekistanKyrgyzstanTurkmenistanWorld
POLITICSBUSINESSINCIDENTSSOCIETYCULTURESPORTANALYSISSCIENCE
Asian stocks mostly down ahead of U.S. Federal Reserve's news

Bishkek (AKIpress) - Asian stocks Asian stock markets mostly drifted lower Wednesday ahead of the outcome of the Federal Reserve's first policy meeting under its new chief, ABC News reported.

Tokyo's Nikkei 225 was down 0.5% at 14,335.81 and China's Shanghai Composite Index sank 0.9% to 2,007.97. South Korea's Kospi was down 0.2% to 1,937.30 and Hong Kong's Hang Seng shed 0.2% to 21,549.49.

Australia's S&P/ASX 200 gained 0.1 percent to 5,350.

The U.S. Federal Reserve is scheduled to issue a statement and hold a press conference Wednesday after the end of its two-day policy meeting. It is the central bank's first policy meeting since Janet Yellen replaced Ben Bernanke as governor.

Most analysts expect the Federal Reserve to continue to reduce its monetary stimulus at the speed it has already set, trimming its monthly bond purchases by $10 billion. It is also expected to revise its economic forecasts.

In Europe and on Wall Street, stock markets were boosted Tuesday by relief over Western sanctions on Russia after Crimea's annexation of the Ukrainian region.

The Standard & Poor's 500 index rose 0.7% to 1,872.25. The Dow Jones industrial average rose 0.6% to 16,336.19. The Nasdaq composite climbed 1.3% to 4,333.31.

In energy markets, U.S. crude for April delivery declined 18 cents to $99.52 in electronic trading on the New York Mercantile Exchange. The contract gained $1.62 to $99.70 on Tuesday on expectations that the solid U.S. economic outlook would increase oil demand.

In currency markets, the euro fell to $1.3920 from $1.3933 late Tuesday. The dollar rose to 101.48 yen from 101.43 yen.


Twitterfacebookprint
12:37 19.03.2014
LATEST NEWS
15:54 Vice PM Dil, President of Turkmenistan discuss Atambayev's visit to Ashgabat15:48 Kyrgyzstan needs to procure 2.2 million tons of coal for autumn-winter period15:34 Tenge/som exchange rate rises by 8.93% since February tenge devaluation in Kazakhstan - National Bank15:07 Vietnam business tycoon Ha Van Tham arrested for 'fraud'15:03 Kyrgyzstan and Tajikistan conduct drills on elimination of consequences from emergency situations14:52 Nazarbayev to take part in 10th World Islamic Economic Forum in Dubai14:36 Talas unveils sculpture of writer Chingiz Aitmatov14:30 Atambayev congratulates employees of local governments on their professional day14:08 Chinese Vice FM attends reception marking 23rd anniversary of Independence of Tajikistan13:44 New York axe attack 'terrorist act by Muslim convert'13:21 Gazprom to supply 330 mln m3 of gas to Jambul TPP to reduce cost of electricity supply from Kazakhstan13:19 90 projects to be approved within Business Roadmap 2020 in Kazakhstan's Karaganda12:27 Rusnano representatives discuss issues of nanotechnology in Kyrgyzstan12:21 86.7% of grain produced in Kazakhstan so far - Ministry12:03 Egypt imposes state of emergency in Sinai after attacks11:15 Kyrgyzstan has become attractive for investors after reforms for favorable conditions for business - Deputy Economy Minister10:53 Kyrgyzstan signs a number of investment deals for doing business better10:21 Google's Alan Eustace beats Baumgartner's skydiving record10:18 Kazakh oil output to rise with Kashagan after 2020 - official09:59 Ebola outbreak: Cases pass 10,000, WHO reports
Astana
-4° C
Ashgabat
+23° C
Bishkek
+19° C
Dushanbe
+19° C
Tashkent
+22° C
exchange rates
 
71.18
56.25
9.04
1.35
228.80
180.87
29.57
4.32
6.33
4.99
0.82
0.12
3084.28
2367.40
385.74
61.13
3.60
2.85
0.47
0.07

© AKIpress News Agency - 2001-2014
Use of the AKIpress.com materials must be accompanied by a hyperlink to www.akipress.com
Our address:
Moskovskaya str. 189, Bishkek, the Kyrgyz Republic
e-mail: english@akipress.org, akipressenglish@gmail.com;
Tel/Fax: +996(312)90-07-75