arabtoday
Last Updated : GMT 06:22:25
Arab Today, arab today
Arab Today, arab today

Asian stocks advance in hope of China stimulus

Arab Today, arab today

Arab Today, arab today Asian stocks advance in hope of China stimulus

sydney - Arabstoday

Sydney Asian stocks rose amid speculation China will do more to boost growth in the world\'s second-largest economy, tempering concern about Europe\'s debt crisis. Geely Automobile Holdings Ltd. led Chinese carmakers higher after BNP Paribas SA said they may benefit from government subsidies. Komatsu Ltd., a Japanese construction machinery maker that gets 14 per cent of sales from China, gained 3.2 per cent. Shui On Land Ltd. jumped 7.3 per cent in Hong Kong after the developer controlled by billionaire Vincent Lo said it plans to spin off its Xintiandi entertainment complex unit. The MSCI Asia Pacific Index climbed 1.3 per cent to 113.78 as of 5.34pm in Tokyo, after earlier falling as much as 0.6 per cent. About seven stocks climbed for every two that slipped. Chinese \"leaders are already aware of the slowdown and we\'re going to see measures coming through in the next few weeks,\" Raymond Chan, chief Asia-Pacific investment officer at Allianz Global Investors, told Bloomberg Television. \"There\'s speculation that there will be measures coming out for the auto market. Sooner or later, there will be interest-rate cuts.\" Japan\'s Nikkei 225 Stock Average added 0.7 per cent, reversing earlier losses after a report the nation\'s jobless rate last month unexpectedly rose for the first time since January. Australia\'s S&P/ASX 200 Index gained 1.1 per cent. South Korea\'s Kospi Index advanced 1.4 per cent after the market reopened from a holiday. Shares rose after China\'s finance ministry said it will allocate as much as 2 billion yuan (Dh1.16 billion) every year to support purchases of energy-efficient cars.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today asian stocks advance in hope of china stimulus Arab Today, arab today asian stocks advance in hope of china stimulus

 



Arab Today, arab today
Arab Today, arab today Adidas Originals ‘reinterpreted’

GMT 14:52 2016 Thursday ,01 December

Adidas Originals ‘reinterpreted’
Arab Today, arab today Ajman Tourism launches time capsule

GMT 13:17 2016 Friday ,25 November

Ajman Tourism launches time capsule
Arab Today, arab today Paris's matchbox apartments

GMT 10:37 2016 Saturday ,24 September

Paris's matchbox apartments
Arab Today, arab today US-led coalition admits 54 deaths

GMT 08:47 2016 Friday ,02 December

US-led coalition admits 54 deaths
Arab Today, arab today French satire mag hits Germany

GMT 09:52 2016 Thursday ,01 December

French satire mag hits Germany

GMT 12:16 2016 Friday ,02 December

Dow ends at fresh record; Nasdaq tumbles 1.4%

GMT 01:19 2016 Friday ,02 December

Kuwait Bourse Ends Thursday in Green Zone

GMT 21:38 2016 Thursday ,01 December

US Stocks Mostly Low on Wednesday

GMT 21:01 2016 Thursday ,01 December

Chinese Yuan Weakens to 6.8958 against USD Thursday

GMT 00:42 2016 Thursday ,01 December

Boursa Kuwait Closes on Mixed Note
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Dino-killing crater shows clues

GMT 14:43 2016 Thursday ,24 November

Dino-killing crater shows clues
Arab Today, arab today Punk memorabilia torched

GMT 13:52 2016 Monday ,28 November

Punk memorabilia torched
Arab Today, arab today Green groups pressure Spain

GMT 13:01 2016 Thursday ,01 December

Green groups pressure Spain
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Hyundai allows Saudi journalists

GMT 15:14 2016 Thursday ,01 December

Hyundai allows Saudi journalists
Arab Today, arab today Latest Infiniti QX to compete

GMT 13:16 2016 Saturday ,26 November

Latest Infiniti QX to compete
Arab Today, arab today To find German funny bone

GMT 12:45 2016 Tuesday ,29 November

To find German funny bone
Arab Today, arab today Car manufacturers to power Europe

GMT 13:01 2016 Tuesday ,29 November

Car manufacturers to power Europe

GMT 08:49 2016 Monday ,28 November

Israeli Arab rapper's music provokes

GMT 11:55 2016 Monday ,21 November

Amal Al-Qubaisi attends reception

GMT 04:15 2016 Thursday ,30 June

World's largest uncut diamond fails

GMT 12:39 2016 Friday ,25 November

Arctic 9-12C above normal

GMT 15:59 2015 Wednesday ,27 May

Seoul elevates gardening to high art

GMT 12:39 2016 Saturday ,26 November

Skin patch could help kids

GMT 09:35 2016 Saturday ,19 November

Hyperloop One settles co-founder

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 09:53 2016 Sunday ,15 May

OMEGA official timekeepers
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Powered and Developed by FilmMatters

Copyright © 2016 Arabtoday

Developed by FilmMatters

© 2016 Arabtoday

arabtoday arabtoday arabtoday
arabtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabtoday, Arabtoday, Arabtoday