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China Stock Market May Extend Rebound

3/18/2012 8:52 PM ET (RTTNews) – The China stock market on Friday wrote an emphatic finish to the two-day slide in which it had retreated more than 80 points or 3.4 percent. The Shanghai Composite Index finished just above the 2,400-point plateau, and now investors may continue to pick up bargains on Monday following heavy [...] [...]

Indian Shares Likely To Extend Gains After CRR Cut

3/11/2012 11:19 PM ET (RTTNews) – Indian shares are likely to open higher on Monday, extending Friday’s rally after the Reserve Bank of India unexpectedly cut its reserve requirement for banks by 75 basis points on Friday to ease liquidity crunch expected due to advance tax outflows. The move ahead of this week’s official rate [...] [...]

Thai Stock Market May Extend Gains

3/8/2012 9:47 PM ET (RTTNews) – The Thai stock market on Thursday snapped the two-day losing streak in which it had given away almost a dozen points or 1 percent. The Stock Exchange of Thailand finished just below the 1,170-point plateau, and now analysts are forecasting further upside at the opening of trade on Friday.The [...] [...]

Thai Stock Market May Extend Gains

3/8/2012 9:47 PM ET (RTTNews) – The Thai stock market on Thursday snapped the two-day losing streak in which it had given away almost a dozen points or 1 percent. The Stock Exchange of Thailand finished just below the 1,170-point plateau, and now analysts are forecasting further upside at the opening of trade on Friday.The [...] [...]

South Korea Stock Market May Extend Losses

3/6/2012 6:30 PM ET (RTTNews) – The South Korea stock market has closed lower now in consecutive trading days, giving away almost 35 points or 1.7 percent along the way. The KOSPI now rests just above the 2,000-point plateau, and now investors are bracing for additional carnage when the market kicks off trade on Wednesday.The [...] [...]

Asian Shares Extend Losses On Greece Default Worries

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 [...] [...]

Asian Shares Extend Losses On Growth Worries

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 [...] [...]

Asian Markets Tipped To Extend Losing Streak

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, [...] [...]

Singapore Stock Market May Extend Losses

3/5/2012 7:18 PM ET (RTTNews) – The Singapore stock market has closed lower in two of three trading days since the end of the two-day winning streak in which it had collected almost 50 points or 1.6 percent. The Straits Times Index finished just above the 2,990-point plateau, and now traders are expecting continued contraction [...] [...]

China Stock Market May Extend Losses

2/29/2012 7:49 PM ET (RTTNews) – The China stock market on Wednesday wrote a finish to the eight-day winning streak in which it had surged almost 95 points or 3.9 percent en route to a fresh 14-week closing high. The Shanghai Composite Index finished just below the 2,430-point plateau, and now investors are expecting to [...] [...]

Malaysia Stock Market May Extend Gains

3/1/2012 7:00 PM ET (RTTNews) – The Malaysia stock market has finished higher now in back-to-back sessions, rising more than 15 points or 1 percent along the way. The Kuala Lumpur Composite Index finished just below the 1,575-point plateau, and now traders are expecting additional support when the market opens on Friday.The global forecast for [...] [...]

Malaysia Stock Market May Extend Gains

2/14/2012 7:01 PM ET (RTTNews) – The Malaysia stock market has finished higher now in back-to-back sessions, although it has risen just 5 points or 0.3 percent in that span. The Kuala Lumpur Composite Index settled just above the 1,565-point plateau, and now analysts are forecasting additional support for the market at the opening of [...] [...]

Indian Shares May Extend Gains

2/14/2012 10:19 PM ET (RTTNews) – Indian shares may extend gains for a third day on Wednesday, mirroring firm Asian cues as optimism prevails that Greece will commit to austerity measures. Renewed buying interest from foreign institutional investors and expectations that the Reserve Bank of India may start cutting interest rates from April could also [...] [...]

Indian Markets May Extend Gains

(RTTNews) – The Indian markets may extend the previous session’s rally on Tuesday, as reports suggest that European leaders are closer to arriving at a solution to end the debt crisis. U.S. Stocks rallied overnight and other Asian markets are trading mostly higher, albeit posting modest gains. German officials are insisting their neighbors commit to [...] [...]

Taiwan Stock Market Tipped To Extend Gains

(RTTNews) – The Taiwan stock market has finished higher in two of three trading days since the end of four-day losing streak in which it had declined more than 570 points or 8.4 percent. The Taiwan Stock Exchange finished just shy of the 6,900-point plateau, and now traders are looking for further upside at the [...] [...]

Asian Stocks Extend Gains On Europe Hopes

(RTTNews) – Asian stocks extended gains for a second consecutive session on Tuesday amid hopes that European leaders are considering new, radical proposals to end their debt crisis. Sharp gains on Wall Street and in Europe overnight helped investors shrug off data showing weaker than expected U.S. new home sales and Fitch’s warning over the [...] [...]

China Stock Market May Extend Slide

(RTTNews) – Heading into last week’s break for the National Day holiday, the China stock market had finished lower in three straight sessions, retreating more than 55 points or 2.3 percent in that span. The Shanghai Composite Index settled just below the 2,360-point plateau, and now investors are bracing for continued selling pressure at the [...] [...]

Indian Equities Set To Extend Gains For Third Day

(RTTNews) – The Indian markets may see further upside on Tuesday following a rally on Wall Street and in Europe overnight on optimism that Europe will tame its debt crisis. Other Asian markets are also rising across the board this morning, with gains ranging from 1 to 3 percent as commodities rose and appetite for [...] [...]

Asian Stocks Extend Gains On EU Debt Hopes

(RTTNews) – Asian stocks rose for a fourth day on Tuesday, with strong U.S. cues and hopes of a resolution to euro zone’s debt problems underpinning sentiment. However, shares pared some gains by noon as caution set in ahead of a crucial vote in Slovakian parliament to approve the expansion of the euro zone’s bailout. [...] [...]

South Korean Stock Market Tipped To Extend Rebound

(RTTNews) – The South Korean stock market on Tuesday wrote an emphatic finish to the three-day losing streak in which it had plummeted more than 200 points or 12 percent. The KOSPI finished just above the 1,735-point plateau, and now investors are looking forward to continued recovery when the market kicks off trade on Wednesday.The [...] [...]

Indian Markets Likely To Extend Gains

(RTTNews) – The Indian markets may open higher on Thursday, extending yesterday’s tentative rebound, with positive global cues likely to support sentiment after German and French leaders expressed support for Greece remaining in the euro area and Italian Prime Minister Silvio Berlusconi won a confidence vote on a much-altered austerity plan, easing concerns over the [...] [...]

Singapore Stock Market May Extend Gains

(RTTNews) – The Singapore stock market has finished higher now in two straight sessions, collecting more than 35 points or 1.3 percent along the way. The Straits Times Index finished just above the 2,765-point plateau, and now traders are anticipating additional upside when the market kicks off trade on Friday.The global forecast for the Asian [...] [...]

Indian Markets Extend Gains

(RTTNews) – The Indian markets extended gains for a second consecutive session on Thursday, with buying accelerating in late-session trading, as concerns eased over Europe’s debt crisis and investors pinned hopes that the Reserve Bank of India will halt its tightening stance after a 25 basis points hike tomorrow. Rate-sensitive realty, banking and auto stocks [...] [...]

Asian Stocks Extend Gains On US Stimulus Hopes

(RTTNews) – Asian stock markets extended their recent gains on Wednesday as hopes that the Federal Reserve might announce additional stimulus measures next month outweighed disappointing consumer confidence data from the United States. Investors are also pinning hopes that President Obama will lay out measures to prop up the economy when he unveils a new [...] [...]

Taiwan Stock Market May Extend Win Streak

(RTTNews) – The Taiwan stock market has finished higher now in four straight sessions, climbing nearly 340 points or 4.5 percent along the way. The Taiwan Stock Exchange finished just below the 7,740-point plateau, and now analysts are predicting additional upside when the market opens on Thursday.The global forecast for the Asian markets remains cautiously [...] [...]

Singapore Stock Market May Extend Losses

(RTTNews) – The Singapore stock market on Thursday wrote a finish to the modest two-day winning streak in which it had collected more than 135 points or 4.5 percent. The Straits Times Index finished just above the 2,865-point plateau, and now analysts are forecasting continued selling pressure when the market opens on Friday.The global forecast [...] [...]

Indian Market Set To Extend Losses

The Indian market is poised to extend yesterday’s sharp losses on Friday, joining a global rout, as concerns about a global recession intensified. The other Asian markets are currently down between 0.8 percent and 4.6 percent, with the markets in South Korea, Hong Kong, Australia and Japan leading the losses. The U.S. stock futures continued [...] [...]

Should Obama extend the payroll tax holiday and jobless benefits?

President Obama wants to extend the payroll tax holiday and unemployment benefits to boost the economy.NEW YORK (CNNMoney) — Now that the debt ceiling crisis is behind him, President Obama is ready to focus on the top problem plaguing the American economy: weak job creation.Part of his prescription for 2012 revolves around cutting payroll taxes [...] [...]