Name Price Chg.% Chg.
Hang Seng 24,320.41 -1.11% -272.71
Nikkei 225 19,041.38 -2.13% -414.50

Fitch downgrades Saudi Arabia over reform doubts

Ratings agency Fitch has downgraded Saudi Arabia's sovereign debt rating to 'A+' from 'AA-' as it expressed major doubts about the government's financial reform programme.

kim jong un corea

Asia report: Markets lower after failed North Korea missile test

Markets in Asia finished in the red on Wednesday, as North Korea tested another missile and a stronger yen weighed on Japanese stocks.

saudi arabia, prince, mohammed, aramco

Saudi Aramco IPO mandates expected in coming days

The world's largest petrochemicals company has decided to proceed cautiously in its preparations for what may well be the largest initial public offering ever.

auckland new zealand

New Zealand's 'pure' image a pipe dream, suggests OECD report

New Zealand’s global image as a ‘green’ economy was under serious threat from the Organisation for Economic Co-operation and Development on Tuesday, with the intergovernmental body saying the country’s growth model - based largely on exploiting natural resources - was starting to show its environmental limits.

Money cash dollars

Sector movers: Miners hit as US dollar drops back to end-January lows

Steel-makers and miners bore the brunt of selling as the US dollar continued to weaken and Freeport resumed copper concentrate production at its Indonesia Grasberg mine.