Search Results for: Asia
Chinese, Australian benchmarks lead Asian stock market gains
April 16th, 2015
Most major Asian stock indexes were higher Thursday as Chinese shares rebounded on stimulus hopes a day after gloomy first-quarter economic numbers and Australian shares rose on a surprise drop in the jobless rate. KEEPING SCORE: Most Asian indexes ...
Asian markets stumble over China
April 15th, 2015
Asian markets stumbled on Wednesday as relief China had matched its own growth target was soured by poor readings on consumer demand and industrial activity, underlining the need for more policy action by Beijing. Growth in China’s colossal economy did slow ...
Asia stocks gain after Fed official signals slow rate rises
April 7th, 2015
Asian stocks rose Tuesday after Wall Street gained on a jump in crude prices and expectations the Federal Reserve will put off an interest rate hike until late in the year. KEEPING SCORE: The Shanghai Composite Index rose 1.8 ...
Saudis Raise Oil Pricing to Asia on Signs of Demand Growth
April 6th, 2015
Saudi Arabia, the world’s largest crude exporter, raised pricing for all May sales to Asia, after the country’s oil minister said global demand was improving. State-owned Saudi Arabian Oil Co. narrowed the discount for its Arab Light grade to ...
UAE signs up as founding member of Asian Infrastructure Investment Bank
April 6th, 2015
The UAE has joined the China-led US$50 billion Asian Infrastructure Investment Bank (AIIB) as a founding member, the government announced on Sunday. The Abu Dhabi Fund for Development, which has Dh8bn in capital, will represent the UAE government on ...
Asian central banks back in action this week
April 6th, 2015
The week ahead starts with Asian markets digesting the crucial U.S. nonfarm payrolls report, which continued to fuel the ongoing debate over when the Federal Reserve will launch its first interest rate hike. After digesting the U.S. jobs data, ...
Asia up after dismal U.S. jobs data, dollar pressured
April 6th, 2015
Asian shares rose and the dollar steadied but remained under pressure on Monday, after a dismal U.S. jobs report led investors to pare bets the U.S. Federal Reserve would hike interest rates anytime soon. Major European markets were closed from Friday to ...
Asian stocks higher after US gains as jobs data awaited
April 3rd, 2015
Asian stock markets were mostly higher in holiday-abbreviated trading Friday following gains on Wall Street as investors awaited American jobs data. Keeping Score: Tokyo’s Nikkei 225 gained 0.3 percent to 19,377 points and Seoul’s Kospi was up 0.5 percent ...
Asia shares higher ahead of holiday
April 2nd, 2015
Asian shares headed higher on Thursday but investors were cautious ahead of a Good Friday public holiday tomorrow in some major markets. Japan’s shares were up despite a central bank survey showing firms expect inflation to rise 1.4% a ...
Asia shares swing higher as China nears seven year high
March 30th, 2015
Asian stock markets rose on Monday, with China stocks nearing a seven-year peak on hopes for more infrastructure spending and policy stimulus, while oil prices suffered further from excess supply. Activity was guarded most elsewhere in a week book-ended with holidays ...
