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3/19/2012 6:06 AM ET (RTTNews) – Asian shares ended on a mixed note on Monday as lower-than-expected consumer-sentiment and industrial-production data from the United States tempered optimism about growth in the world’s largest economy. While signs of growing stability in the euro zone helped eased sovereign debt worries, investors are sitting on the sidelines awaiting [...] [...]
3/12/2012 5:27 AM ET (RTTNews) – Asian stocks ended mostly lower on Monday as data showing China posted its largest trade deficit since at least 1989 last month suggested that global demand remains weak.Investors also paused to assess the outcome of the Bank of Japan’s two-day policy-setting meeting through Tuesday and the meeting of the [...] [...]
3/8/2012 10:59 PM ET (RTTNews) – Asian stock markets are trading higher on Friday with investors tracking recent positive news out of Europe and the strong surge in the U.S. and European markets overnight. Though gains are just modest in most of the markets, the mood remains somewhat bullish amid renewed optimism about a recovery [...] [...]
3/11/2012 7:00 PM ET (RTTNews) – The Asian stock markets are looking at a mixed lead when they open on Monday, with a hint of upside following better than expected employment data from the United States in February.The Labor Department said that employment increased by 227,000 jobs in February following an upwardly revised increase of [...] [...]
3/11/2012 11:12 PM ET (RTTNews) – Asian stock markets are exhibiting a mixed trend on Monday with investors mostly treading a cautious path ahead of a slew of economic data from the U.S. Besides a somewhat flat close on Wall Street last Friday, worries about a slowing growth in China appear to be weighing on [...] [...]
3/9/2012 4:47 AM ET (RTTNews) – Asian markets rallied for a second day on Friday after data showed China’s inflation eased to a 20-month low in February and Greece announced that it won sufficient support from its private-sector creditors to secure its second bailout package from the EU and the IMF. Greece successfully completed the [...] [...]
3/8/2012 6:02 PM ET (RTTNews) – The Asian stock markets are expected to open higher again on Friday, fueled by reports suggesting that the participation rate in Greece’s debt swap with its private creditors is high enough for the debt-plagued nation to be able to complete the deal and avoid a default.The upside may be [...] [...]
3/8/2012 4:58 AM ET (RTTNews) – Asian markets ended higher Thursday amid hopes that Greece would secure a bailout package after a pledge by major banks and pension funds to take part in the bond swap deal. Overnight gains in the U.S. markets, following an upbeat report on US payrolls, added to optimism about the [...] [...]
3/7/2012 10:27 PM ET (RTTNews) – Asian stock markets are trading firm on Thursday with investors tracking the lead from Wall Street where stocks moved higher overnight following an encouraging private sector jobs report and on optimism about the Greek bailout. Though gains are somewhat modest in some of the markets, the mood is quite [...] [...]
3/9/2012 4:47 AM ET (RTTNews) – Asian markets rallied for a second day on Friday after data showed China’s inflation eased to a 20-month low in February and Greece announced that it won sufficient support from its private-sector creditors to secure its second bailout package from the EU and the IMF. Greece successfully completed the [...] [...]
3/8/2012 10:59 PM ET (RTTNews) – Asian stock markets are trading higher on Friday with investors tracking recent positive news out of Europe and the strong surge in the U.S. and European markets overnight. Though gains are just modest in most of the markets, the mood remains somewhat bullish amid renewed optimism about a recovery [...] [...]
3/7/2012 6:02 PM ET (RTTNews) – The Asian stock markets are expected to open modestly higher on Thursday, with investors picking up bargains following two days of heavy regional selling.Adding to the positive sentiment, U.S. payroll processor ADP reported stronger than expected private sector job growth in February. The increase in private sector jobs reflected [...] [...]
3/5/2012 10:23 PM ET (RTTNews) – Asian stock markets are mostly trading notably lower on Tuesday amid renewed worries about the economic situation in Europe and on concerns about growth in the Asian region following China revising downward its GDP growth forecast. A decline in U.S. factory orders and the subdued close on Wall Street [...] [...]
3/7/2012 4:41 AM ET (RTTNews) – Asian shares fell for a third day in a row on Wednesday as worries about a possible disorderly default by Greece and the uncertain global economic outlook made investors risk averse. Concerns that Greece may not secure a deal with private creditors by the Thursday deadline rendered the underlying [...] [...]
3/6/2012 10:24 PM ET (RTTNews) – Asian stock markets are trading weak on Wednesday with investors treading cautiously amid worries about the economic crisis in the Eurozone due to uncertainty about the Greek bailout. A sharp fall on Wall Street overnight and concerns about a slowdown in Chinese growth are also hurting sentiment to a [...] [...]
3/6/2012 4:39 AM ET (RTTNews) – Most Asian stocks fell on Tuesday, extending the previous session’s losses, as Beijing’s downward revision of its economic growth forecast dragged down miners and investors looked ahead to a meeting of Greece’s private sector creditors on Thursday for a final resolution to Greece’s long-standing debt crisis. Fears that the [...] [...]
3/6/2012 6:00 PM ET (RTTNews) – The Asian stock markets are expected to open lower again on Wednesday, extending recent losses on renewed debt concerns in Europe as uncertainty about the outcome of the Greek debt swap with private sector investors is likely to weigh on investors.The exchange offer is set to expire on Thursday, [...] [...]
3/1/2012 10:23 PM ET (RTTNews) – Asian stock markets are mostly trading notably higher on Friday with investors picking up stocks amid renewed optimism about the global economy following a bigger-than-expected drop in U.S. jobless claims.In the Australian market, shares from materials, industrial and healthcare sections are finding good support, while energy, information technology and [...] [...]
2/29/2012 10:54 PM ET (RTTNews) – Asian stock markets are exhibiting a mixed trend amid cautious trades on Thursday. Some of the markets in the region started off on a positive note, but gave up gains subsequently due to lack of support at higher levels with investors tracking the overnight lead from Wall Street where [...] [...]
2/29/2012 5:59 PM ET (RTTNews) – The Asian stock markets are expected to open lower on Thursday, with investors likely to lock in gains after stocks rallied earlier in the week.Remarks by U.S. Federal Reserve Chairman Ben Bernanke add to the cautious sentiment as the Fed chief refrained from discussing further quantitative easing while testifying [...] [...]
3/1/2012 5:02 AM ET (RTTNews) – Asian shares lost ground on Thursday as investors lacked fresh triggers to fuel the recent market rally. The positive sentiment generated by the European Central Bank’s move to provide funds to support banks faded away after Federal Reserve Chairman Ben Bernanke gave no hints at further bond purchases to [...] [...]
People look at an electronic board at a brokerage house in Shanghai February 25, 2011. Credit: Reuters/Aly Song/FilesBy Chikako MogiTOKYO | Fri Mar 2, 2012 11:22am IST TOKYO (Reuters) – Asian shares rose and the euro steadied on Friday after a flood of cheap European Central Bank funds this week eased fears of a meltdown [...] [...]
3/1/2012 6:00 PM ET (RTTNews) – The Asian stock markets are expected to open higher on Friday on bargain hunting following softness throughout the region in the previous session.Positive news out of the auto sector sparks the positive sentiment, with major automakers reporting increases in auto sales in February.Also, the U.S. Labor Department showed an [...] [...]
2/16/2012 10:28 PM ET (RTTNews) – Asian stock markets are mostly trading notably higher on Friday with the overnight strong close on Wall Street on the back of some impressive economic data prompting investors to indulge in hectic buying. Though all the markets in the region rose sharply in early trades, some of them gave [...] [...]
2/16/2012 6:01 PM ET (RTTNews) – The Asian stock markets are expected to open higher on Friday on bargain hunting following broadly based selling pressure in the previous session.Buying interest may also be generated by reports indicating that European central banks will complete an exchange of Greek government debt for new Greek bonds over the [...] [...]
2/17/2012 4:31 AM ET (RTTNews) – Asian shares rose across the board on Friday after encouraging data on the U.S. housing and labor markets as well as the broader economy sent Wall Street to its highest level this year. Sentiment also improved following reports that the the Greek bailout talks remained on track and that [...] [...]
2/15/2012 4:41 AM ET (RTTNews) – Asian shares rallied on Wednesday, with key benchmark indexes in Hong Kong, Tokyo and South Korea surging to six-month highs, as the yen slumped to a three-month low and investors believed Greece will not go bankrupt. Investors shrugged off weaker-than-expected U.S. retail sales data and turned their focus to [...] [...]
2/15/2012 10:29 PM ET (RTTNews) – Asian stock markets are mostly trading notably lower on Thursday with the overnight weak close on Wall Street and worries about the Greek economy following the delay in announcing the debt relief prompting investors to indulge in some hectic selling. Profit taking after the previous session’s fairly strong upmove [...] [...]
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Asian Shares Edge Lower After Fed Comments
3/1/2012 5:02 AM ET (RTTNews) – Asian shares lost ground on Thursday as investors lacked fresh triggers to fuel the recent market rally. The positive sentiment generated by the European Central Bank’s move to provide funds to support banks faded away after Federal Reserve Chairman Ben Bernanke gave no hints at further bond purchases to [...] [...]