News Snapshot:
Japan (NKY:IND) -0.34%. The Japanese yen depreciated to 158 per dollar on Wednesday, reversing gains from Monday's sharp rebound due to suspected government intervention, with money market data suggesting the finance ministry spent around $35 billion dollars to prop up the yen. Japanese authorities did not confirm whether they were behind the currency’s recent surge Japan factory activity shrinks the least in 8 months to 49.6 in April China (SHCOMP) market closed. Hong Kong (HSI) market closed. India (SENSEX) market closed. Australia (AS51) -1.23%. In Australia, manufacturing PMI improved for the third month in April to 49.6, while house prices...