Japan's Nikkei share average
edged up on Thursday, but pared earlier gains as investors held
back from taking major positions ahead of the closely watched
Bank of Japan meeting and a slew of domestic corporate results.
By the midday trading break, the benchmark Nikkei added 10.56 points to 9,571.57 with strategists citing support at its 75-day moving average around 9,437.
The broader Topix index gained 0.3 percent to 811.94. Morning trade on the main board was thin, with the Topix trading at 39 percent of its average 90-day full day volume.
"For the market to test higher levels, we need something new out of the BOJ, a sense that they are really determined this time to escape deflation and meet the 1 percent inflation target as soon as possible," said Kenichi Hirano, operating officer at Tachibana Securities.
For more on this Click Here
Meezan Bank, Pakistan’s first and largest Islamic bank, has been awarded ‘Best Islamic Bank’ at the second Pakistan Banking Awards, 2017, the highest accolade in Pakistan’s banking sector, that recog
Algeria will introduce Islamic financial services before 2018 as a way to cope with its financial crisis, announced Prime Minister Ahmed Ouyahia on Thursday.
The services will be available
Asian markets turned lower yesterday as investors cashed in at the end of a mostly positive week while the dollar weakened against its main peers with analysts questioning the chances of a third US i
S&P Global Ratings cut Hong Kong’s credit rating a day after it downgraded China for the first time since 1999, a move that reflects the “strong institutional and political linkages” between the spec
The global economy started 2017 strong with real GDP growth gaining momentum and rising to 3.6 per cent in Q1 2017 and the previous uncertainty surrounding the global growth forecast receded since M