Tuesday, 19 Nov, 2024

Business

Asian markets wary of fresh terror threat

International Desk |
Update: 2015-11-17 22:05:00
Asian markets wary of fresh terror threat

DHAKA: Asian shares were mixed on Wednesday as investors remained cautious over fears of fresh terror attacks in Europe.

US shares lost earlier gains after a football game in Germany was called off following a bomb threat just two hours before it was due to start.

Investors were also wary ahead of the outcome of the Bank of Japan's two-day policy meeting that started on Wednesday after negative growth data.

According the BBC report, the benchmark Nikkei 225 index was up 0.8% to 19,786.39 points.

The Japanese economy fell into another recession in the third quarter, government data showed on Monday.

Economists are expecting more stimulus from the government and central bank to boost growth, but most do not expect new measures to be announced this week.

Meanwhile, Toshiba shares fell 0.5% after local media reported that the Japanese securities watchdog is likely to recommend a $60m (£39m) fine for the electronics maker for inflating its profits over the past seven years.

** Asian shares boosted by Wall Street on Tuesday

BDST: 0910 HRS, NOV 18, 2015
RS

All rights reserved. Sale, redistribution or reproduction of information/photos/illustrations/video/audio contents on this website in any form without prior permission from banglanews24.com are strictly prohibited and liable to legal action.