Asian shares picked up Tuesday as dealers took their cue from a rise
on Wall Street overnight but a weak dollar weighed on exporters.
Tokyo added 0.15 percent, while Seoul rose 1.13 percent and Sydney
lifted 0.20 percent. TOKYO: Up 0.15 percent. The Nikkei-225 rose
15. 56 points to 10 , 217.62. Steelmakers declined on a report that
they have agreed to price cuts for major shipbuilders. Nippon Steel
fell 1.2 percent to 335 yen and Kobe Steel declined 2.4 percent to
161 yen. HONG KONG: Down 0.31 percent. The Hang Seng Index finished
down 65.83 points at 20 , 866.37. SYDNEY: Up 0.20 percent. The
S&P/ASX200 rose 9.2 points to 4 ,540.3. Telstra lost 14 cents or
4.31 percent to end at 3. 11 dollars, with rival Singtel steady at
2.58. SHANGHAI: Up 0.23 percent. The Shanghai Composite Index, which
covers both A and B shares, rose 6.99 points to 3 , 033.73. Foreign
direct investment in China rose seven percent year-on-year in August,
compared with a 20.3 percent fall in the first seven months and
snapping 10 straight months of declines. SEOUL: Up 1.13 percent. The
KOSPI ended up 18. 49 points at 1 , 653.40. Shinhan Financial Group
rose 4.5 percent to 48 , 050 won on expectations for third-quarter
net profit. TAIPEI: Up 1.23 percent. The weighted index rose 89.31
points to 7 , 346.26. Fubon Financial closed up 1.75 percent at 34.9.
SINGAPORE: Flat. The Straits Times Index fell 1. 34 points or 0.05
percent to 2 , 638.40. BANGKOK: Up 1.27 percent. The Stock Exchange
of Thailand gained 8.84 points to close at 703. 16. KUALA LUMPUR: Up
0.34 percent. The Kuala Lumpur Composite Index gained 4.11 points
to close at 1 , 207.47. Proton added 5.40 percent to 3.91 ringgit
while builder IJM gained 1.30 percent to 6.33. JAKARTA: Up 1.57
percent. The Jakarta Composite Index gained 37.40 points to 2 ,
420.10. Coal miner Bumi Resources advanced 4.0 percent to 3 ,225
rupiah. MANILA: Down 1.15 percent. The composite index fell 32.37
points to 2 , 789.36. Philippine Long Distance Telephone Co. fell 1.04
percent to 2 ,380 pesos and Ayala Land Inc. dropped 2.27 percent
to 10.75 pesos. WELLINGTON: Down 0.93 percent. The NZX-50 fell
29.05 points to 3 , 099.63. Telecom fell four cents to 2.68 dollars,
Fletcher Building rose five cents to 7.96 and Contact Energy was
down 11 cents at 5.90. The Warehouse rose three cents to 4.25
dollars. MUMBAI: Up 1.48 percent. The 30- share Sensex rose 240.26
points to 16 , 454.45.