NewsFeeder
02-14-2016, 10:20 PM
Asia shares mostly firm, China sets yuan higher
[Reuters] - Asian shares bounced to snap a five-session losing streak on Monday as a strong fix for China's yuan eased devaluation concerns and Shanghai stocks returned from the Lunar New Year holidays with only modest losses. More troubling were the January readings on Chinese trade which showed exports fell 6.6 percent in yuan terms from a year earlier, while imports dived 14.4 percent. Japan's Nikkei (.N225) jumped 4.7 percent to retrace some of last week's 11 percent drop, the largest such fall since 2008, though sentiment remained fragile.
Asia shares mostly firm, China sets yuan higher - Yahoo Finance (http://us.rd.yahoo.com/finance/news/rss/story/*http://finance.yahoo.com/news/asia-shares-try-bounce-china-002153353.html)
[Reuters] - Asian shares bounced to snap a five-session losing streak on Monday as a strong fix for China's yuan eased devaluation concerns and Shanghai stocks returned from the Lunar New Year holidays with only modest losses. More troubling were the January readings on Chinese trade which showed exports fell 6.6 percent in yuan terms from a year earlier, while imports dived 14.4 percent. Japan's Nikkei (.N225) jumped 4.7 percent to retrace some of last week's 11 percent drop, the largest such fall since 2008, though sentiment remained fragile.
Asia shares mostly firm, China sets yuan higher - Yahoo Finance (http://us.rd.yahoo.com/finance/news/rss/story/*http://finance.yahoo.com/news/asia-shares-try-bounce-china-002153353.html)