GLOBAL MARKETS-Asian shares little changed, Fed views hurt some markets TOKYO, May 25- Asian shares got off to a slow start on Monday after U.S. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.1 percent in early trade, with weakness in Southeast Asia offset by rises in China, Australia and South Korea. "For the first time in nearly two months, investors began rewarding the dollar for good economic data rather than...
| By: Lisa Twaronite
Asian stock markets mostly higher in quiet trading day BEIJING- Asian stocks were mostly higher Monday on a quiet trading day with Hong Kong, Wall Street and London closed for holidays. Singapore, Manila and New Zealand also rose. GREECE DEBT: Greece's ruling Radical Left Coalition rejected a call by party hardliners to skip its next payment to the International Monetary Fund.
Source: The Associated Press
| By: By JOE McDONALD, AP Business Writer
Nikkei set for 7th day of gains on optimism over shareholder returns *SMK, Marubeni up on better shareholder return hopes. *Tepco soars on report of contract for reactor in Qatar. TOKYO, May 25- Japan's Nikkei share average rose for a seventh day, hitting a fresh 15- year high on Monday morning, helped by ongoing optimism for higher shareholder returns and the recovering economy.
| By: Ayai Tomisawa
Japan's April exports climb 8% on-year Japan's April exports climbed 8.0 percent from a year earlier, data showed on Monday, topping expectations for a 6.4 percent rise and underscoring a gradual recovery in external demand.
| By: CNBC.com staff
GLOBAL MARKETS-Asian shares edge down on U.S. rate hike bets TOKYO, May 25- Asian shares got off to a lackluster start on Monday, after rising inflation and a hawkish tone from the U.S. Activity was likely to be thin this session, as UK and U.S. markets are shut on Monday for the Spring Bank Holiday and Memorial Day respectively. MSCI's broadest index of Asia-Pacific shares outside Japan was down about 0.1 percent in early trade.
NYMEX-Crude oil prices rise on high U.S., Asian demand SINGAPORE, May 25- U.S. crude futures rose in early Asian trading on Monday as high demand at the start of the North American driving season pushed up domestic markets, while international benchmarks were supported by firm Asian consumption and Middle East fighting. "Prices could be buoyed this week as markets focus on rising demand and geopolitical tensions... in...
Data deluge puts Japan in spotlight this week Japan should remain the key focus for Asian markets in the week ahead as investors look to a slew of data on tap to confirm that the economic giant is poised for a comeback.
| By: See Kit Tang
Nikkei, Shanghai Comp hit new multi-year highs While the 15-year peak on the Nikkei 225 is an "eventuality", the 7-year high on the Shanghai Composite is a "little more confusing", says Joe Magyer, senior analyst at The Motley Fool.