Sands China Ltd. sank 2 percent in Hong Kong, pacing losses among casino operators after Credit Suisse Group AG predicted Macau gaming revenue will be weak during the Lunar New Year holiday. Takata Corp. slumped 2.6 percent in Tokyo after U.S. regulators said they will begin to fine the car-parts maker for not fully cooperating with an investigation into exploding airbags. Medical-equipment maker Terumo Corp. added 1.1 percent after a report operating profit may climb to a record.
The MSCI Asia Pacific Index slipped 0.1 percent to 144.90 as of 4:23 p.m. in Hong Kong after rising as much as 0.3 percent. The gauge advanced 1.5 percent last week, while the Standard & Poor’s 500 Index and Dow Jones Industrial Average climbed to all-time highs. Euro-area finance ministers reached an agreement intended to keep aid flowing to Greece for four months in return for a commitment to budget targets, buying time to work out the details of longer-term financing.
Investors will receive further clues on the Fed’s assessment of the U.S. economy and the timing of a rate increase when the central bank’s Yellen gives two days of testimony to Congressional finance committees starting Tuesday.
Sumber : ewfpro.com
