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Nikkei hits highest since early 1990s in sign deflation ending

BLOOMBERG Japan’s Nikkei 225 Stock Average climbed to its highest since the nation’s bubble economy era more than three decades ago, reflecting investor optimism that growth is returning after the country’s long battle with deflation. The blue-chip gauge rose 1.2% to close at 33,763.18 in Tokyo, a level unseen since March 1990, lifted by a rebound in technology shares and ...

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Stocks, bonds tick lower after tech-led gains fade

BLOOMBERG Stocks and bonds retreated before key inflation readings from the US and China later this week and the earnings season kicks off on Friday. US stock futures dropped with Europe’s Stoxx 600 benchmark as investors shrugged off tech-led gains that rolled across global markets and drove a Japanese gauge to a 34-year high. The Nasdaq 100 jumped the most ...

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S Korea logs current account surplus for 7th month in Nov

SEOUL / WAM The Republic of Korea logged a current account surplus for the seventh straight month in November on the back of an increased trade surplus, Yonhap News Agency quoted the Bank of Korea (BOK) as saying. The country’s current account surplus reached $4.06 billion in November, narrowing from the surplus of $6.8 billion the previous month, according to ...

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