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Around Asia’s markets: Exporters swagger as the dollar rebounds

Around Asia's markets: Exporters swagger as the dollar rebounds Shares of automakers and technology companies may be among the best performers in Asia this quarter as they reap benefits from a rising U.S. dollar. "A stronger dollar is going to feed into exporters' earnings, and that's one theme that investors are chasing now," said Isaho Nakasho. He is seeking to add auto shares to the Asian stocks he manages for Fuji Investment Management in Tokyo. The dollar has risen as much as 4.7 percent this quarter against Asian currencies, including the yen, which fell to a 27-month low against the U.S.

STOCKS NEWS ASIA-Tokyo down as U.S. cools, others firmer

STOCKS NEWS ASIA-Tokyo down as U.S. cools, others firmer Fresh evidence of a slowing U.S. economy weighed on Tokyo shares on Friday but Seoul and Sydney stocks rebounded from the weeks falls as investors bought recent losers such as retailer Coles Myer (CML.AX: Quote, Profile, Research). Data on Thursday showed sales of new U.S. homes and orders for durable goods both fell more than expected in July, a day after a report showed weakness in existing home sales. Oil rose to 1- week highs above $73 a barrel as the market kept a wary eye on a tropical depression that could

Asia: Telephone stocks rebound

Asia: Telephone stocks rebound Asian telephone stocks, the worst performers since the regions markets started rallying three years ago, are rebounding as investors look for shares less likely to be hurt by rising interest rates and raw material costs. Weve been moving into telecommunications, said Teresa Chow at RBC Investment Management Asia in Hong Kong. Theyre more domestic plays and they offer decent yield. The Morgan Stanley Capital International index of 28 Asia-Pacific telecommunications stocks has risen 5.1 percent this quarter. KT Freetel of South Korea and KDDI of Japan have led the advance. The index is one

GLOBAL MARKETS-Metals boost mining stocks; Asia chip shrs gain

GLOBAL MARKETS-Metals boost mining stocks; Asia chip shrs gain Soaring commodities prices lifted mining stocks such as BHP Billiton (BHP.AX: Quote, Profile, Research), pushing Australia's main index to a record on Friday, and most other Asian share markets rose on gains in technology stocks. Gold matched a 25-year-high above $588 an ounce and platinum hit a record high as fund managers poured money into precious metals, while copper and zinc stayed close to new peaks reached on Thursday. "Fund operators are shifting back into metals ahead of the new quarter," said Koji Suzuki, market analyst at Livedoor Commodity Ltd. in Japan.

Asia Roundup: Technical rebound for regions stocks

Asia Roundup: Technical rebound for regions stocks HONG KONG: Asian stocks closed mostly higher yesterday in a technical bounce following a sell-off last week prompted by an unexpected increase in Chinese interest rates. Dealers said the sell-down had been over-done and created buying opportunities with sentiment strong enough to offset the negative impact of overnight falls on Wall Street. Shanghai was closed for a holiday. TOKYO: Share prices closed 1.35 per cent higher as a weaker yen, which helps exporters, encouraged buying ahead of a three-day national holiday. The Nikkei-225 index advanced 228.06 points to 17,153.77. Volume was 1.44 million shares, up from 1.32