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Tag Archives: Asian Stocks

Indian rupee opens lower after hitting 2.5 year high

The Indian rupee on Wednesday slipped in early trade and opened lower by 7 paise at Rs. 63.55 per dollar versus Rs. 63.48 on Tuesday, where the local currency was up by 0.31 percent from its previous closing. The rupee on Tuesday had also hit its highest level against the dollar in about two and-a-half years amidst signs of weakness ... Read More »

Record high on Wall Street lifts Asian spirits

SYDNEY: Asian stocks got off to an encouraging start on Monday after strong results from the likes of Microsoft drove Wall Street to another record closing high, while the safe-haven yen slipped in thin early trade. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.3 per cent, steadying after last week’s 1.1 per cent slide — the biggest ... Read More »