Bloomberg, (29/8) -- Asia�s benchmark stock index traded near a two-month low as investors watched developments in Syria while awaiting a report on U.S. economic growth. Qantas Airways Ltd. jumped 9.4 percent in Sydney after Australia�s largest carrier returned to full-year profit. Nintendo Co., a Japanese maker of video-game players, lost 3.7 percent after cutting the price of its Wii U video-game console by $50. Kadokawa Corp., a Japanese book publisher, declined 5.5 percent on a share-sale plan. The MSCI Asia Pacific Index was little changed at 129.10 as of 9:45 a.m. in Tokyo after yesterday falling to the lowest close since June 27. Markets are yet to open in China and Hong Kong. Futures on the Standard & Poor�s 500 Index fell 0.1 percent today after the measure rebounded 0.3 percent yesterday from an eight-week low ahead of a report today on second-quarter U.S. economic growth. Investors are also watching the Middle East after the U.S. and the U.K. yesterday said they are prepared to take military action against Syria without authorization from the United Nations Security Council. Japan�s Topix index dropped 0.2 percent. South Korea�s Kospi Index gained 0.8 percent. New Zealand�s NZX 50 Index rose 0.3 percent and Australia�s S&P/ASX 200 Index lost 0.3 percent.
Posted on: Thu, 29 Aug 2013 02:07:24 +0000
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