Asian markets rise amid Japan optimism December 27, 2012 - 12:34 AMT PanARMENIAN.Net - Asian markets have risen amid optimism that Japan's new leaders will stimulate its sluggish economy, Belfast Telegraph said. Tokyo's benchmark Nikkei 225 index rose 1.3% to 10,368.5, while Hong Kong's Hang Seng gained 0.6% to 22,677.7. Shanghai and Taipei both added 0.2%. In Japan, investors are expecting incoming prime minister Shinzo Abe to take new measures to boost economic growth. Mr Abe wants to restrain the strength of the yen and change the central bank's inflation target to drag Japan out of its two-decade-old spiral of deflation that has deadened economic activity. Australia's IG Markets said in a report: "The message from Japan is clear at the moment, the incoming government will do everything in its power to weaken the yen and stimulate the economy."   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
