The Asian market sees red
While the Tokyo Stock Exchange was closed Monday due to holiday, other major financial centers in the Asia-Pacific is clearly a downward trend, including a Hang Seng in Hong Kong decline of 1.69% at 21,009 points, an index in South Korea (KRX 100 Index) declined 0.85% to 3.5213 points), in India Bombay SE back from 0.19% at 17,544 points, and Shanghai Index almost stable at 0.05%, to 3292 points.
In Australia, the S & P / ASX 200 loose 0.86% at 4830 points. In New Zealand, the NZX is maintained close to equilibrium, gaining 0.05% at 3233 points.
Friday evening, the Nikkei 225, which will resume its listing tomorrow, Tuesday, had closed up 0.75% at 10,824 points. Wall Street has ended in the red. In the absence of major economic indicators, investors took their profits.
Crude prices were trending lower Monday in electronic trading in Asia, continuing a trend from last week, reflecting the stronger U.S. dollar, dealers said. In morning trading, a barrel of light sweet crude for April delivery yielded 50 cents to 80.18 U.S. dollars while the price of Brent North Sea for May delivery retreated 39 cents to 79 $ 49.
Rio Tinto open trial
The highly anticipated trial of four employees of mining giant Anglo-Australian Rio Tinto, accused of espionage and corruption, opened Monday in Shanghai, the metropolis of east China, said a spokesman of the court. "The trial is open to the public," said the official, Wang Haiwen. The CEO of Rio Tinto, Tom Albanese, said he was "very concerned".