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Asia stocks rebound ahead of US earnings

BANGKOK (AP) — Asian stock markets overcame early losses to mostly gain Wednesday as investors hoped for good news from the slew of corporate earnings reports due soon in the U.S.
Oil prices fell to near $85 a barrel while the dollar was stronger against the euro and the yen.
Asian stocks initially slipped after Slovakia, one [...]

Read More » No commentOctober 12, 2011

Shares rise after China bank move, euro firm

SINGAPORE (Reuters) – Asian shares rose on Tuesday after China moved to support its stock market by buying shares of major banks, and the euro held the previous session’s big gains on hopes that European leaders are finally taking action to protect the continent’s lenders.
European stock index futures pointed to a steady [...]

Read More » No commentOctober 11, 2011

Asian Shares Hit in September

SINGAPORE—Asian stock markets ended their worst quarter in years with more losses, as investors remained worried about the global economy and Europe’s debt woes.
China’s shares fell to their lowest levels in nearly 30 months as pessimism about the country’s economy and combined with tight liquidity ahead of China’s National Day holiday break that will close [...]

Read More » No commentOctober 2, 2011

Asian stocks fall as Europe anxieties flare again

BANGKOK (AP) — Asian shares were mostly lower Thursday as investors again began to doubt Europe’s ability to cauterize its worsening debt crisis.
Benchmark oil hovered above $81 a barrel while the dollar dropped against the euro but was steady against the yen.
Japan’s Nikkei 225 index shed 0.2 percent to 8,602.96 and Australia’s S&P/ASX 200 fell 1.2 [...]

Read More » No commentSeptember 29, 2011

Asia stocks drop amid recession fears, debt crisis

BANGKOK (AP) — Asian stock markets fell Monday as investors grew increasingly convinced that Greece would default on its debts, an event that economists say has the potential to spark a global downturn.
Oil prices hovered below $80 per barrel while the dollar strengthened against the euro but was lower against the yen.
Japan’s Nikkei 225 index [...]

Read More » No commentSeptember 26, 2011

Asia Extends Slide

Asian stocks ended mostly lower in choppy trade Friday, extending losses amid a global market rout, but some markets came off lows as a Group of 20 nations statement gave a slight boost to sentiment.
“This type of move was inevitable. Traders are now facing up to fact that central banks could be coming to the [...]

Read More » No commentSeptember 24, 2011

World markets stall after Greece gets debt warning

BANGKOK (AP) — World stocks stalled Tuesday after comments on Greece by Standard & Poor’s underlined that the debt laden country may be unable to avoid defaulting.
Oil prices hovered below $95 a barrel while the dollar rose against the yen and the euro.
In early European trading, Britain’s FTSE 100 rose 0.1 percent [...]

Read More » No commentJuly 5, 2011

ASEAN Markets to Extend Rally‏

ASEAN Markets will post gains today and investors should be looking to buy insurance companies.
US stocks extended gains, as the leading NAS hit a 10 yr high Wednesday following comments by US Federal Reserve Chairman Ben Bernanke, which reinforced the view the Fed is likely to maintain its support for the US [...]

Read More » No commentApril 28, 2011

Asian stocks up after Wall Street rally

BANGKOK – Asian stocks headed upward Wednesday after strong corporate earnings and rising consumer confidence sent Wall Street stocks to their highest levels in nearly three years.
Japan’s Nikkei 225 rose 1.3 percent to 9,681.11, as stocks in the country’s behemoth export sector powered upward amid signs the yen was ceding to [...]

Read More » No commentApril 27, 2011

ASEAN Markets will post a mixed day‏

ASEAN Markets will post a mixed day after a very slow Easter Monday around the world.
Mining companies in ASEAN will see gains as Commodities benefited from Strong buying interest this morning, but sentiment faded as the session progressed.
Gold prices rose to a new record of 1519.20 oz. this morning, and faded [...]

Read More » No commentApril 27, 2011