RSS feedBriefings
Overnight markets: Down
Asia markets steadied on Thursday after Wednesday’s slide with investors looking for hopeful signals that Europe can remedy its debt crisis despite no breakthrough from the informal EU talks, says the FT. But wobbly sentiment was compounded by figures showing China’s manufacturing activity continued to slow in May.
Overnight markets: Down
Asian shares retreated as hopes of fresh measures to tackle Europe’s debt crisis faded ahead of a meeting of European leaders while weak trade figures weighed on Japanese exporters, the FT says.
The MSCI Asia Pacific index slid 1.2 per cent with Japan’s Nikkei 225 Stock Average 1.2 per cent lower,
Overnight markets: Up
Asian markets extended gains with technology shares and exporters leading the rally, mirroring an advance for US stocks ahead of this week’s EU summit, says the FT. The MSCI Asia Pacific index gained 0.8 per cent with Japan’s Nikkei 225 Stock Average up 1.1 per cent,
Overnight markets: Up
Asian markets moderated gains after an early bounce in early trading Monday as investors digested comments by leaders of the G8 major economies affirming they want Greece to remain in the euro and Chinese Premier Wen Jiabao raising hopes of further policy easing,
Weekend news catch-up
Weekend headlines from the FT and other UK media:*
From The FT,
- Shell said it expects US natural gas prices, which have been pushed to 10-year lows by the shale gas boom, to double by
Overnight markets: Down
Asian stocks fell, with the region’s benchmark index erasing the year’s gains, South Korea’s won weakened and Japanese bond yields slid to the lowest since 2003 as Europe’s debt crisis worsened and on poor US factory data,
Overnight markets: Slightly lower
Asian stocks swung between gains and losses as faster-than-estimated economic growth in Japan and optimism the Federal Reserve will do more to stimulate the US economy offset concern Greece’s debt crisis is worsening,
Overnight markets: Down
Raw-material producers and technology companies led declines on Wednesday as all 10 industries in MSCI Asia Pacific index slid, reports Bloomberg. The benchmark has lost 10 10% since February 29, paring its 2012 advance to 1.5%.
Overnight markets: Down
Asian markets were down early Tuesday. Japan’s Nikkei slipped 1.1%, while Australia’s S&P ASX 200 and Korea’s Kospi both dropped by 0.9% amid fears of contagion from a Greek eurozone exit, says the WSJ. The euro traded near an almost four- month low amid mounting doubts that Greece can avoid an exit,
Overnight markets: Mixed
Asian shares inched up after China took further steps to shore up its slowing economy by cutting banks’ reserve requirements, which outweighed concerns about Greece’s possible exit from the eurozone,
Overnight markets: Down
Asian shares retreated as investors were spooked by JPMorgan’s $2bn trading losses, which overshadowed stronger-than-expected US employment data, says the FT. The MSCI Asia Pacific index declined 0.6 per cent with Japan’s Nikkei 225 Stock Average up 0.4 per cent,
Overnight markets: Mostly down
Asian shares were mixed amid lingering concerns about Europe’s debt crisis although sentiment was boosted by positive profit guidance from Toyota, says the FT.
The MSCI Asia Pacific index was up 0.2 per cent while Australia’s S&P/ASX 200 gained 0.3 per cent.
Overnight markets: Down
Shares, gold and oil fell and the euro remained pressured on Wednesday as Greece struggled to form a government two days after an election, heightening the risk that a bailout deal could be scrapped,
Overnight markets: Slightly higher
Asian stocks rose after falling the most in six months and copper gained as companies reported higher earnings and German manufacturing data improved, says Bloomberg. The Australian dollar slid after the country’s trade deficit more than doubled.
Overnight markets: Down
Asian markets
Nikkei 225 down -248.60 (-2.65%) at 9,132
Topix down -18.80 (-2.37%) at 774.07
Hang Seng down -512.86 (-2.43%) at 20,573
US markets
S&P 500 down -22.47 (-1.61%) at 1,369
DJIA
Overnight markets: Down
Resources and exporter stocks led Asian markets lower with the mood tilting toward the risk averse after a soft survey of the US service sector but investors generally wary of being too bold ahead of key US payrolls data,
Overnight markets: Down
Asian stocks slipped with exporters retreating as disappointing data out of Europe and the US dimmed the outlook for the global economy, says the FT. The MSCI Asia Pacific excluding Japan index lost 0.4 per cent with Australia’s S&P/ASX 200 flat and South Korea’s Kospi Composite index down 0.1 per cent.
Overnight markets: Up
Most Asian stock markets were modestly higher Wednesday, says Dow Jones, and the US dollar remained well-supported after a surprisingly strong US ISM report for April, which topped forecasts and sent the Dow Jones Industrial Average to its best close in more than four years on Tuesday.
Overnight markets: Down
Tokyo stocks fell in early Tuesday trading, largely in response to the sharp fall in the dollar against the yen, with several exporters such as Tokyo Electron dropping sharply, says Dow Jones. But the sell-off was somewhat limited by an absence of players due to mid-Golden Week sentiment as well as the closure of many Asian bourses.
Overnight markets: Up
Asian stocks gained ground as investors focused on a string of strong corporate results in the US, while higher commodity prices boosted Australian resources shares.
Trading was subdued with markets in Japan and China closed for public holidays.
Weekend news catch-up
Weekend headlines from the FT and other UK media:*
From The FT,
- The pound has become an unlikely haven in Europe. It is so popular among foreign exchange analysts that it is drawing comparisons with the Swiss franc.
Overnight markets: Up
Asian shares inched up on Friday, gaining ground for a third consecutive session, says the FT, amid signs of a US economic pickup and strong corporate earnings, although gains were curbed by lingering nervousness about Europe’s debt problems.
Overnight markets: Mostly higher
Asian stocks rose for a second day and bond risk in the region fell after Ben Bernanke said he’s prepared to do more to stimulate growth if needed, says Bloomberg. The won strengthened as data showed South Korea’s economy grew at the fastest pace in a year.
Overnight markets: up
Stock markets in Asia took heart from corporate earnings, with the MSCI Asia Pacific index rising 0.3 per cent, Reuters says. Rising speculation that the Bank of Japan will unveil more easing in its April 27 statement led the yen to weaken against the dollar,
Overnight markets: Down
Most Asian shares lost ground for a fourth consecutive day as political uncertainty in France and the Netherlands, coupled with poor economic data from the region, revived concerns about the eurozone,
Overnight markets: Down
Asian stocks fell after several companiesposted weaker earnings and a manufacturing survey signaled China’s economic slowdown is deepening, says Bloomberg.
Daewoo Engineering dropped 4.3 per cent in Seoul after the construction company posted a 38 per cent drop in first-quarter operating profit.
Weekend news catch-up
Weekend headlines from the FT and other UK media:*
From The FT,
- Centrica threatens nuclear pull-out due to uncertainty over the government’s energy policy – a move that could imperil the country’s nuclear renaissance.
Overnight markets: Down
Asian shares were lower and commodity-linked currencies declined after US unemployment claims fell less than expected, says Reuters.
Asian markets
Nikkei 225 down -36.31 (-0.38%) at 9,552
Topix down
Overnight markets: Down
Asian shares fell and South Korea’s won dropped before Spain and France sell 13.5bn in debt. The yen weakened for a third day as Bank of Japan Governor Masaaki Shirakawa pledged to continue monetary easing,
Overnight markets: Up
Asian shares rose on Wednesday as firm demand at Spanish debt sales, positive US corporate earnings and an improvement in a key German sentiment survey boosted investor confidence in riskier assets, says Reuters.