Japanese Market Plunges On Wall Street Losses, Stronger Yen []

Japanese Market Plunges On Wall Street Losses, Stronger Yen []
Friday, Tokyo shares fell sharply after Wall Street plunged overnight on the back of disappointing earnings reported by companies and weak economic data. The bencmark Nikkei 225 index was down 315.93 points at around 9:54 a.m. local time and the broader Topix index of all First Section issues was down 34.56 points at 1,601.22.

China Shares Called To Extend Slide []
Since shares in China's stock market didn't gain Thursday after positive data from the U.S., analysts figure that a negative lead from Wall Street means the Shanghai Composite Index is again due for a decline when trading opens on the final day of the week.

Loonie Higher Against Majors []
The Canadian dollar strengthened against its major counterparts at about 2:55 am ET. As of 3:25 am ET, the loonie was worth 0.9454 against the greenback, 1.3673 against the euro and 121.19 against the yen.

New Zealand Dollar Gains Ground Against Majors []
Friday morning in Asia, the New Zealand dollar gained ground against the other major currencies. The Kiwi collected 0.7620 against the dollar and 87.52 versus the Yen, higher than yesterday's close of 0.7582 and 86.93 respectively. Against the euro, the Kiwi hit as high as 1.8948.

U.S. Dollar Drops Against Canadian Dollar [USD/CAD]
The U.S. dollar has slipped against the Canadian dollar. The greenback is trading in New York at .9488 to the loonie, giving back gains it made in mid-afternoon Eastern Time trading.

Malaysian Shares Called To Decline []
Malaysia's Kuala Lumpur Composite Index set a new intra-day record high on Thursday on positive data from the U.S. markets, but now analysts are expecting the KLCI to follow Wall Street to the downside when trading opens on Friday.

New Zealand Dollar Gains Ground Against Majors []
Friday morning in Asia, the New Zealand dollar gained ground against the other major currencies. The Kiwi collected 0.7620 against the dollar and 87.52 versus the Yen, higher than yesterday's close of 0.7582 and 86.93 respectively. Against the euro, the Kiwi hit as high as 1.8948.

Markets Likely To Open Lower Tracking Negative Cues From Global Peers - Indian Commentary []
Global cues are pointing towards a lower opening for the Indian markets on Friday. The U.S. stocks plunged overnight on renewed subprime worries and the major stock markets across the Asia-Pacific region are sharply lower in early trades on Friday. However, crude prices have eased from record highs.

New Zealand Market Falls On Negative Lead From Wall Street []
Friday, Wellington shares closed lower after the U.S stocks plunged overnight on the back of disappointig earnings reported by Exxon, weak economic data and down grading of Citigroup by CIBC.

New Zealand Market Closes Flat []
Thursday, Wellington shares closed flat, with the benchmark NZX-50 Index slipping 1.19 points or 0.03% to 4,207.88. The broader NZX All Capital index ended at 1136.39, down 0.67 points or 0.06%.