In defence of civilization: Aaron Wudrick and Michael Bonner
In defence of civilization: Aaron Wudrick and Michael Bonner
The Macdonald-Laurier Institute welcomes Tony Abbott as a Visiting Senior Fellow

Asian shares meander after S&P 500 sets another record WSOC TV [Video]

Categories
Breaking News

BANGKOK — (AP) — Asian shares were mixed on Thursday after U.S. stocks broke out of a three-day lull to close at a record.

Oil prices advanced, while U.S. futures edged lower.

The dollar remained strong against the Japanese yen and Chinese yuan, a trend that has unsettled regulators in both Tokyo and Beijing.

The dollar rose to 151.37 yen from 151.30 yen. The euro slipped to $1.0822 from $1.0828.

On Wednesday, the yen dipped to its lowest level since 1990, and Japanese officials reiterated their desire for stability in exchange rates.

“As the yen continues to show vulnerability, market participants will be vigilant for any hints of possible intervention in the currency market by Japanese policymakers,” Anderson Alves of ActivTrades said in a commentary.

The dollar bought 7.2286 yuan. It also has weakened against the dollar in recent weeks.

“We continue to think that policymakers in China and Japan will do enough to keep their currencies from …

MLI Webinar: Exploring Innovation in Canadian Health Care
MLI Webinar: Exploring Innovation in Canadian Health Care
Soak-the-rich may be fun but it doesn’t pay: Jack Mintz in the Financial Post