Search Results for: Hang Seng
Lenovo Second-Quarter Profit Climbs, but Shares Dip
November 6th, 2014
Lenovo Group Ltd reported quarterly revenue that missed analyst estimates, with a decline in smartphone sales curbing investor optimism about the world’s biggest maker of personal computers (PCs) turning into a force in mobile devices. Lenovo’s earnings came at ...
Stocks close mixed: S&P drops, Dow bumps up
November 5th, 2014
Stocks closed mixed Tuesday as markets struggled from a one-two punch of falling oil prices and renewed fears of a global slowdown. A wait-and-see posture regarding Tuesday’s elections may also be holding back investors. The Standard & Poor’s 500 ...
Nikkei leads Asia higher after surprise BOJ move
October 31st, 2014
Japan led Asian shares higher after the Bank of Japan (BOJ) surprised markets by announcing more stimulus measures. In an unexpected decision, the BOJ eased monetary policy on worries that lower oil prices would affect consumer prices. The central ...
Asia stocks mostly rise after European bank stress tests
October 27th, 2014
Asian stocks mostly rose after most of Europe’s largest banks passed a stress test aimed at checking the strength of the region’s financial system. European regulators examined the balance sheets of 130 lenders. In total, 25 banks failed, ten ...
Stocks fall as S&P 500 breaks 4-day winning streak
October 23rd, 2014
Dow drops 153 points and falls back into the red for the year. Stocks fell Wednesday, pushing the Dow Jones industrial average back into the red for the year and breaking the S&P 500’s four-day winning streak. The market ...
Stocks Lower Thursday After Rough Day on Wall St.
October 16th, 2014
Investors have grown increasingly concerned over signs that global economic growth is faltering and that policy makers may lack the monetary and fiscal tools necessary to stop the slide. The volatility in global markets extended into another day, with ...
Asian markets rebound on positive US jobs data
October 6th, 2014
Asian markets rebounded from a string of declines on Monday after stronger-than-expected US payroll data. US Labor Department figures showed 248,000 jobs were created in September and the unemployment rate dropped to a six-year low of 5.9%. Japan’s Nikkei ...
Stocks Gain With Dollar Before Jobs Data; Hong Kong Rises
October 3rd, 2014
Stocks gained, with a European index recovering from its biggest loss in 15 months, and the U.S. dollar strengthened versus major peers before the world’s largest economy reports payrolls data. Hong Kong shares rallied. As investors assess the strength ...
Asian markets drop on weak Japan factory data
September 30th, 2014
Japan’s benchmark Nikkei 225 Index is trading 1.5% lower after data showed the country’s industrial output unexpectedly fell. Manufacturing output fell 1.5% in August from a month earlier. Economists had estimated a 0.2% gain. South Korea also posted a ...
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 ...
