Search Results for: Asian
Share trading flat after Wall Street sell-off
September 26th, 2014
U.S. shares trading was near the flat line Friday after Wall Street suffered its worst slide in nearly two months Thursday. The Dow closed down 264.26 points, 1.5%, to end below 17,000 at 16,945.80. Throughout most of the day, ...
Stocks end lower: Nasdaq off more than 1%
September 23rd, 2014
Wall Street took a sharp hit Monday as tech stocks plunged and Alibaba (BABA) fell more than 4% on its second day of trading after a blockbuster start on Friday. Investor concerns of a slowing Chinese economy also weighed ...
Dollar surges to six-year peak on yen, Tokyo stocks cheer
September 18th, 2014
Japanese shares jumped on Thursday after the dollar vaulted to a six-year peak on the yen as the Federal Reserve’s outlook for rising rates underlined the diverging path between the United states and the rest of the rich world. ...
Dow sets record close as Fed says rates to stay low
September 18th, 2014
The Dow jumped to a record close Wednesday after the Federal Reserve reaffirmed that a key short-term interest rate will stay near zero for a “considerable time” after its bond-buying program ends next month. Investors have been eagerly awaiting ...
Australia 200 – Entrenched in Previous Trading Range Below 5500
September 17th, 2014
Australia 200 for Wednesday, September 17, 2014 For the last couple of weeks the Australia 200 Index has declined from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 ...
Rupee extends losses against dollar
September 15th, 2014
The rupee-dollar pair hit 61.0875, its highest since September 18. The pair was trading at 61.06/07 versus Wednesday’s 60.96/97 close. Nifty was down 0.6 per cent. Month-end demand from importers further helped the pair. Foreign fund flows will remain ...
Australia 200 – Drops Sharply Back to Key 5500 Level
September 15th, 2014
Australia 200 for Monday, September 15, 2014 For the last couple of weeks the Australia 200 Index has declined from its multi-year high after running into resistance around 5650 back to consolidate just under the 5600 level, before falling ...
Gold Around $1230 on Fears of More Hawkish Fed
September 15th, 2014
Gold edged higher on Monday as Asian equities tumbled but the metal continued to struggle near an eight-month low due to weak physical demand and fears the Federal Reserve may signal an early interest rate increase at this week’s ...
China and India’s growing strategic weight
September 15th, 2014
The visit of Chinese President Xi Jinping to India this week, so early in the term of India’s new prime minister, Narendra Modi, underlines the growing strategic weight of the relationship between the two countries. Modi’s prime ministership, with ...
Rupee recovers from initial losses, up 2 paise to 60.91 against dollar
September 12th, 2014
The rupee pared its initial losses to recover by two paise to 60.91 per dollar in late morning deals today following bouts of selling of the greenback by banks and exporters. The domestic unit resumed lower at 60.97 per ...
