Tokyo stocks opened higher on Monday, with investors putting trade worries on the back burner after data showed Japan's economy grew in the first quarter, defying expectations.
The benchmark Nikkei 225 index rose 0.74 percent or 157.15 points to 21,407.24 in early trade while the broader Topix index was up 0.52 percent ot 8.04 points at 1,562.29.
Sumber : AFP
Oil started the week strong after Saudi Arabia and other OPEC+ members signaled intentions to keep supplies constrained for the rest of the year, while U.S. tensions with Iran ratcheted up as President Donald Trumpthreatened the country in a tweet.
Futures in New York rose as much as 1.3%, following a 1.8% gain last week. Saudi energy minister Khalid Al-Falih urged members of the alliance meeting in Jeddah to œstay the course on output cuts. Meanwhile, just weeks...
The Australian dollar got a boost against the greenback on Monday following a surprise election victory by the country's conservative government, while the yen dipped slightly on a recovery in market sentiment.
The dollar index against a basket of six currencies was largely steady at 97.970, having booked its biggest weekly rise since early March last week.
The Aussie was the big mover early in Asia and was last up half a percent at $0.6904, having bounced from a four-month trough of...
Japan's Nikkei share average edged higher on Monday as domestic economic growth in the first quarter proved firmer than expected, although market gains were limited as the data also pointed towards lacklustre domestic demand.
The Nikkei was up 0.3% at 21,309.25 as of 0159 GMT.
Data released on Monday showed Japan™s gross domestic product (GDP) grew at an annualised 2.1% in the first quarter versus expectations of a 0.2% contraction. However, the surprise expansion was mostly caused by...