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Article: Asia Market Overview of November 13
- Article from:
- abnnewswire.net
- Article date:
- November 13, 2009
- Author:
CopyrightCopyright 2009 ABN Newswire. (Hide copyright information)
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Asian stock markets were broadly lower Friday following the weakness in Wall Street. Chinese shares also fell on profit taking, but airline equities rose across the board on a new pricing mechanism of fuel surcharge to take effect this weekend.
South Korean stocks started slightly higher on the drop of the won this morning. Yesterday Japanese exporters were also supported by yen weakness against US dollar. US Treasury Secretary Timothy Geithner said that it is very important to the US that the dollar remains strong. He declined to comment on a weak Chinese currency concern. But China hinted that it may allow the yuan to appreciate but sudden upward movement in the yuan could slow China's ...
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Article: Hong Kong's cotton shortage predates China's sales ...
Daily News Record;
March 15, 1995 ;
700+ words
... ... added that, although most Hong Kong mills had anticipated ... outright closures." Nan Fung Textiles, the territory ... has five mills, all in Hong Kong, is planning to close ... to weavers. About half Nan Fung's imported cotton comes ...
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