Sunday, April 24, 2011

Asia This Day

Some Asian markets are closed today,Monday.Australia and New Zealand are observing Anzac Day,and Hong Kong is marking Easter Monday.Of those which are open,the Nikkei was up 0.48,while the Korean Kospi rose 0.30 and the Singapore MSCI futures were virtually flat,edging up 0.05.
Australian Prime Minister Julia Gillard was working on the holiday,visiting Korea in search of a trade deal.She said the partnership between the two countries was full of promise and potential.She also toured the Demilitarized Zone between North and South Korea.
Tension flared on the border between Thailand and Cambodia.Ten soldiers have been killed since Friday in the territorial dispute,which started three years ago over ownership of several temples in the area.
A number of earnings reports will be issued this week.Big Chinese banks,tech companies,REITs,Panasonic,Canon and Honda are among those reporting in China and Japan.
The Hong Kong morning dawned clear at 79 degrees F.The humidity was 61% and winds were W at 4 mph.
Canon(CAJ),Honda Motor(HMC),Panasonic(PC),iShares FTSE Xinhua China 25 Index (FXI)

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