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Equities China’s Shanghai Composite staged a fierce 3.1% rally on Monday, easily erasing Friday’s steep 1.8% drop. The rally was sparked by comments suggesting the government would expand...
EquitiesDisappointing inflation data from China sent the Shanghai Composite tumbling 1.8% to 2243, its largest drop in 4 months. CPI rose to 2.5% from 2% as inflation hit a 7-month high, which could...
EquitiesUpbeat Chinese trade date lifted Asian stocks on Friday. China’s trade balance surged to 31.6B from 19.6B, as exports grew by 14%. The Nikkei climbed .7% to 10653, and the Kospi rallied...
quities Upbeat Chinese trade date lifted Asian stocks on Friday. China’s trade balance surged to 31.6B from 19.6B, as exports grew by 14%. The Nikkei climbed .7% to 10653, and the Kospi rallied...
EquitiesAsian markets traded mostly higher on Wednesday, encouraged by Alcoa’s solid earnings report. The Nikkei climbed .7% to 10759, as exporters were lifted by the falling yen. The Hang Seng...
EquitiesAsian markets declined on Tuesday, pulling back from their recent gains. The Hang Seng fell .9% to 23111, the Nikkei dropped .9% to 10508, and the Shanghai Composite fell .4% to 2276. In...
EquitiesAsian markets traded mixed on Monday, despite Friday’s respectable US jobs date. The Nikkei slumped .8% to 10599, as exporters pulled back from their recent gains. The Kospi and Hang...
EquitiesOn Friday, Asian markets traded mostly lower after the Fed’s FOMC minutes revealed the bond-buying euphoria may come to an end this year. The Hang Seng slipped .3% to 23331, and the...
EquitiesAsian markets traded mixed on Thursday, despite upbeat economic data from China. The ASX 200 advanced .7% to 4741, lifted by miners, extending Wednesday’s 1.2% gain. The Hang Seng edged...
EquitiesThe new year opened with a roar across the globe, as lawmakers in the US reached a deal on the nation’s budget. In Asia, the Hang Seng surged 2.9% to 23312, and the Kospi rallied 1.7% to...
EquitiesAsian markets climbed on Friday amid hopes for a last-minute “fiscal cliff” deal in the US. The Nikkei rallied .7% to 10395, once again buoyed by exporters, thanks to a weakening...
EquitiesAsian markets settled mixed in light trading. Australia’s ASX declined .5% to 4649, while the Shanghai Composite advanced 1.6% to 2269. The Hang Seng ended flat, while Japanese and...
EquitiesAsian markets traded mostly higher on Thursday, despite ongoing “fiscal cliff” concerns. The Nikkei climbed .9% to 10323, as the yen continued to drop, boosting exporters. Toyota...
EquitiesThe Nikkei climbed 1.5% to 10230, led by exporters, as investors cheered the approval of Japan’s new prime minister, Shinzo Abe. Abe has called for a more aggressive monetary policy by...
EquitiesAsian markets traded moderately higher on Monday. Korean heavyweight Samsung Electronics jumped 2.2% on an analyst upgrade, but the move had little impact on the broader Kospi, which inched up...
EquitiesFiscal cliff negotiations in the US hit a setback on Thursday, after the Republican backed solution failed to gather sufficient support. The uncertainty pressured Asian markets, sending the...
The end of the trading week saw stocks fall as an impasse was reached on the Fiscal Cliff in the US. Republicans in the House of Representatives late Thursday canceled plans to vote on fiscal...