Asia Markets: Japan stocks slide while Australia trades up
Japan’s stock market slides Tuesday even as other markets across Asia hold up. Australia gains ahead of central-bank policy decision.
Asia Markets: Asia stocks dive on Cyprus deposit levy
Asia stocks, U.S. stock futures and the euro react badly to news of a bailout of Cyprus over the weekend, falling sharply as investors fret about the potential implications of a decision to introduce a levy on depositors.
Nomura Makes Cuts in Asia
Nomura Holdings is telling a small group of equities analysts and traders in Asia on Friday that they no longer have jobs with the firm according to people with knowledge of the decision.
Asia Markets: Asia stocks gain, smartphone sales help Japan
Asia stocks gain, as several Japanese telecom and technology companies benefit from smartphone exposure, while South Korea and Australia also see some buying ahead of a policy decision from the U.S. Federal Reserve.
Currencies: Dollar extends gains against the Japanese yen
The U.S. dollar added to gains versus the yen in Asia as disappointment over the Bank of Japan’s recent policy decisions gave way to expectations for further monetary easing.