Dollar Stronger After Payrolls as Japan Stocks Rally; Oil Slips

The dollar solidified its climb, surging against emerging-market currencies and holding near a 13-year high against the yen amid mounting speculation U.S. interest rates will be increased as soon as September. Japanese stocks advanced with copper, while crude oil retreated. The greenback was at 125.54 yen by 9:20 a.m. in Tokyo, after touching its strongest level since June 2002 on Friday. The Korean won and Malaysian ringgit slid at...

China’s Exports Decline For a Third Month in Drag On Growth

China’s exports declined in May for a third straight month and imports slumped for the seventh, underscoring weak external demand and a sluggish domestic environment. Overseas shipments fell 2.8 percent from a year earlier in yuan value, the customs administration said in Beijing on Monday. That compared with the median estimate for a 4 percent decline in a Bloomberg survey of...

Hong Kong Stocks Open 0.41% Lower

Hong Kong stocks fell 0.41 percent in the first few minutes of trade Monday after strong US data raised expectations the Federal Reserve will hike interest rates sooner rather than later. The Hang Seng Index slipped 112.92 points to 27,147.24. In mainland China the benchmark Shanghai Composite Index edged up 0.27 percent, or 13.40 points, to 5,036.50. The Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 1.35...

Japan Stocks Rise as Yen Trades Near 13-Year Low After U.S. Jobs

Japanese stocks rose, buoyed by exporters, as the yen traded near its weakest against the dollar since 2002 after a strong U.S. jobs report. The Topix index climbed 0.4 percent to 1,671.87 as of 9:06 a.m. in Tokyo after falling 0.4 percent last week for its first weekly decline in a month. The Nikkei 225 Stock Average added 0.4 percent Monday to 20,534.83. The yen traded at 125.58 per dollar after weakening 1 percent on Friday as the...

Asian Stock Gauge Holds at Two-Month Low on Fed Rate Outlook

Asia’s benchmark stock index held at a two-month low after better-than-forecast U.S. employment data bolstered the case for the Federal Reserve to raise interest rates this year. The MSCI Asia Pacific Index slipped less than 0.1 percent to 147.83 as of 9:03 a.m. in Tokyo. The measure slid 2.3 percent last week, closing Friday at the lowest since April 3. Bets in interest-rate futures showed the odds the Fed will boost borrowing costs...