Search Results for: Asian stock
Asia markets take another tumble as rout persists
January 21st, 2016
Markets in Asia lost early gains and tumbled into negative territory in afternoon trade, following another selloff on Wall Street overnight on global growth concerns, uncertainty in China and fresh lows in oil prices. The Shanghai composite touched its ...
Asia markets close mostly down; Japan, Australia near bear markets
January 18th, 2016
Markets in Asia closed mostly lower Monday, on the back of another Wall Street sell-off Friday. Major indexes in Australia and Japan were nearing bear market territory, down over 18 percent from their 52-week highs. Down Under, the Australian ...
Societe Generale predicts collapse of the eurozone
January 14th, 2016
Societe Generale seconds RBS doomsday prophecy and predicts collapse of the eurozone Albert Edwards, a strategist at Société Générale bank, has warned of an impending global financial crisis similar to the one that occurred in 2008-09. This time, he ...
Asia markets close lower, Nikkei 225 slips 2.71%
January 12th, 2016
Asia’s major markets closed mostly lower, with investor sentiment in the region remaining fragile as oil prices continued to slide and China concerns weighed. The Australian market erased its morning gains to slip into negative territory, with the main ASX ...
Shanghai drops 5%, Shenzhen down 6.5% in renewed sell-off
January 11th, 2016
Chinese markets extended an already rough start to the year Monday, losing further ground and other Asian markets came along for the ride lower. The Shanghai composite was down as much 5.22 percent in late-afternoon trade, while the Shenzhen Composite shed 6.5 percent. ...
Gold in 2016
January 8th, 2016
Advance signs of a global slump in economic activity emerged in 2015. Furthermore, the dollar’s strength, coupled with widening credit spreads confirms a global tendency for dollar-denominated debt to contract. These developments typically precede an economic and financial crisis ...
Asia markets close mixed as China shares turn higher
January 8th, 2016
Asian markets closed mixed Friday after swinging between gains and losses following early volatility in Chinese shares. The Shanghai Composite was up 2.17 percent after trading down as much as 1.89 percent and up as much as 3.32 percent shortly after ...
Dow Tumbles Nearly 400 Points on China Worries
January 8th, 2016
Dow industrials, S&P 500 are off to their worst-ever starts to the year The Dow Jones Industrial Average fell nearly 400 points Thursday as steep falls in Chinese equities spilled over to global markets. Thursday’s selloff came after the ...
Global oil prices hit 11-year low on China market turmoil, storage overhang
January 7th, 2016
Brent crude futures fell to a fresh 11-year low on Thursday as a sliding yuan and an emergency halt in China’s stock trading left Asian markets in a turmoil, while a huge supply overhang and near-record output levels also ...
Chinese markets halt trading for day after shares plunge
January 4th, 2016
Chinese stocks plunged Monday, spurring a trading halt for the rest of the session, and leading stock markets in Asia Pacific lower after feeble manufacturing surveys revived concerns over the slowdown of the mainland’s economy. The Shanghai Composite tumbled 6.85 percent ...
