Search Results for: Asian trade
Enforcement Directorate probes Rs.20,000 crore hawala link in India-Iran trade, UCO Bank under scanner
December 4th, 2014
The Enforcement Directorate (ED) has begun an open enquiry under FEMA Act, in perhaps – one of the biggest hawala scam – against all those export-import (exim) companies that deals with Central Asian nations, specifically Iran and Azerbaijan. The ...
Asian shares edge down, oil rises as crude inventories decline
December 3rd, 2014
The dollar marked a fresh seven-year high against the yen on Wednesday, which helped lift the Nikkei to a similar record, while oil prices recovered after data showed a drop in U.S. supply. MSCI’s broadest index of Asia-Pacific shares ...
Japanese shares lose steam, Asian shares slip
November 19th, 2014
Japanese shares gave up early gains on Wednesday as investors booked profits after Prime Minister Shinzo Abe delayed a tax hike and said he would call a snap election to seek a fresh mandate for his economic policies. Asian ...
Most Asian Stocks Climb as Topix Advances on U.S. Rally
November 11th, 2014
Most Asian stocks rose as Japan’s Topix index climbed after the yen extended losses and corporate earnings beat estimates. Nissan Motor Co. (7201), which gets 43 percent of its revenue in North America, gained 1.4 percent. Amorepacific Corp. surged 9.3 percent in ...
Asian cooperation hanging on a handshake
October 27th, 2014
The APEC summit is just over a week away and all stops are out in Beijing to make it an economic and diplomatic triumph, despite the huge underlying challenges in managing China’s relations with the region. The primary goals ...
Asian shares edge up, dollar steadies after drop
October 7th, 2014
Asian shares rose on Tuesday, while the dollar languished after investors locked in some gains on its recent rally. “European equities are set to edge lower tracking modest declines in the US overnight. The small negative start belies the ...
China anxiety over Asian stocks, Aussie dollar hit
September 15th, 2014
Asian stocks skidded to five-week lows on Monday, giving European markets a negative lead after a batch of weak data out of China raised the spectre of a sharp slowdown in the world’s second-biggest economy. “As if traders didn’t ...
Asian Equities Mixed on Soft Lead
September 9th, 2014
Asian indices were mostly higher on Tuesday amid light volumes as markets in South Korea and Hong Kong were closed for the Mid-Autumn Festival. Overnight in the U.S., Wall Street closed mixed with energy producers leading losses on oil’s ...
Asian shares tentative, sterling plunges
September 8th, 2014
Sterling declined on Monday and British shares look set to underperform their peers in Europe after a poll found rising support for Scottish independence. European shares are expected to enjoy a firm tone on the whole, following gains on ...
Asian shares hit seven-year high on Ukraine, ECB hopes
September 4th, 2014
Asian shares steadied near seven-year highs on Thursday, underpinned by hopes of a ceasefire in Ukraine, although a cautious mood prevailed for now ahead of a European Central Bank meeting later in the session. Global shares had rallied on ...
