: :inin Kyiv (EET)

Asia stocks muted; Tokyo edges up on yen slump


Asian stock markets struggled for direction on Friday after a mixed close on Wall Street. Japan’s benchmark edged higher as the yen plumbed a multiyear low and South Korean shares rising after policymakers held a key interest rate steady.KEEPING SCORE: Japan’s Nikkei 225 was 0.2 percent higher at 15,934.03, underpinned by the weakening yen which boosts earnings of exporting companies. South Korea’s Kospi rose 0.5 percent to 2,043.96 after the country’s central bank kept its policy rate at 2.25 percent. Hong Kong’s Hang Seng lost 0.4 percent to 24,563.53 and the Shanghai Composite Index in mainland China gained 0.3 percent …read more

Source: The Jakarta Post

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