RSS feedBriefings
Overnight markets: Flat
Concerns about Europe overshadowed better than expected US retail sales in March. Retail and food services sales rose 0.8 per cent to $411.1bn, higher than analysts’ forecasts of 0.3 per cent.
Citigroup’s upbeat earnings boosted financial shares across Asia,
Overnight markets: Down
Asian markets
Nikkei 225 down -125.14 (-1.30%) at 9,513
Topix down -7.75 (-0.95%) at 807.73
Hang Seng down -142.01 (-0.69%) at 20,559
US markets
S&P 500 down -17.31 (-1.25%) at 1,370
DJIA down
Weekend news catch-up
Weekend headlines from the FT and other UK media:*
From The FT,
- Rosneft is expected to finalise a groundbreaking joint venture with ExxonMobil on Monday that will grant the US oil major access to vast Russian Arctic reserves in exchange for the Russian state oil champion winning entry to resources in North America.
Overnight markets: Up
Asian equities advanced following on from strong sessions for US and European markets overnight. South Korea’s Kospi index rose 1.2 per cent by mid-morning in Seoul, the most in six weeks, while the Korean won was the region’s best performing currency,
Overnight markets: Up
Most Asian stocks rose, with the regional benchmark index trading near its lowest level in more than two months, as materials producers and traders climbed on higher commodity prices and Citigroup upgraded global industrial shares to overweight,
Overnight markets: Down
Asian stocks fell for a sixth day, the longest stretch of losses since August, and bond yields in the region rose after Sony posted a record loss and concern grew that Europe’s debt crisis is worsening,
Overnight markets: Mixed
Asian stock markets swung between gains and losses as news of China’s unexpected trade surplus and the BoJ’s decision to keep monetary policy on hold were absorbed, says Bloomberg. Japanese carmakers advanced after Nomura said a weaker yen would help Toyota,
Overnight markets: Down
Asian markets
Nikkei 225 down -85.13 (-0.87%) at 9,735
Topix down -8.23 (-0.99%) at 827.13
Hang Seng down -288.96 (-1.39%) at 20,502
US markets
S&P 500 down -14.42 (-1.02%) at 1,399
DJIA down
Overnight markets: Down
Asian markets
Nikkei 225 down -138.52 (-1.38%) at 9,912
Topix down -11.72 (-1.38%) at 839.30
Hang Seng up +268.72 (+1.31%) at 20,791
US markets
S&P 500 down -5.66 (-0.40%) at 1,413
DJIA down
Overnight markets: Up
Asian stocks opened the second quarter on a positive note as risk appetite returned after China’s strong manufacturing data eased concerns about the global economic outlook, says the FT.
The MSCI Asia Pacific index inched up 0.3 per cent with Japan’s Nikkei 225 Stock Average and Australia’s S&P/ASX 200 index each rising 0.9 per cent,
Overnight markets: Down
Asian stocks swung between gains and losses on Friday and Japanese manufacturers slid after the nation’s industrial production unexpectedly fell and investors waited for US data on income and spending, says Bloomberg.
Overnight markets: Down
Asian stocks fell for a second day, and headed for the first monthly drop since November, as US durable-goods orders and earnings trailed estimates, says Bloomberg. The yen rose, while oil traded near a one-week low.
Overnight markets: Down
Asian stocks slid the most in a week and oil fell as reports showed corporate earnings are worsening in China and Federal Reserve chairman Ben Bernanke said US unemployment remains too high, says Bloomberg.
Overnight markets: Up
Asian markets
Nikkei 225 up +154.59 (+1.54%) at 10,173
Topix up +12.60 (+1.48%) at 864.42
Hang Seng up +266.06 (+1.29%) at 20,935
US markets
S&P 500 up +19.40 (+1.39%) at 1,417
DJIA up +160.90
Weekend catch-up
Weekend headlines from the FT and other UK media:*
From The FT,
- Spotify is seeking to raise money from private investors in a deal that would put a valuation of as much as $4 billion on the fast-growing online music service,
Overnight markets: Up
Asian shares started the week on a mildly positive note in response to an upbeat day for Wall Street on Friday, says the FT, with higher oil and commodity prices offsetting an unexpected fall in US home sales.
Overnight markets: Down
Asian stocks were sapped by renewed fears about the health of the global economy after data from the eurozone and China showed shrinking factory activity, says the FT.
The MSCI Asia Pacific index shed 0.8 per cent with Japan’s Nikkei 225 Stock Average down 1.1 per cent,
Overnight markets: Flat
Asian stocks edged up after Japan posted an unexpected trade surplus for February but gains were limited by a preliminary report showing Chinese manufacturing activity may contract for a fifth month in March,
Overnight markets: Down
Asian stocks fell as risk appetite was damped by fresh concerns about China’s economy, with energy producers leading the decline after a warning from mining giant BHP Billiton about Chinese iron ore demand,
Overnight markets: Slightly lower
Asia stocks drifted lower with Japanese markets are closed today, although some Apple suppliers, such as LG Display, rose on news of new iPad sales, says the FT. Chinese shares were lower with financials and property developers hit by profit-taking after recent gains. In commodities markets,
Overnight markets: Up
Asian stocks were higher, with Australian miners and Japanese exporters in the lead, as risk appetite improved after the US market hit its highest point in almost four years last week, says the FT.
The MSCI Asia Pacific index and Japan’s Nikkei 225 Stock Average were each up 0.4 per cent,
Weekend news catch-up
Weekend headlines from the FT and other UK media:*
From The FT,
- Non-dom numbers fall by 16% in two years in wake of £30,000 levy
- Airlines raise concerns over Olympics delays
Overnight markets: Mixed
Asian shares took a breather as investors pocketed profits from the recent rally while a slightly stronger yen weighed down Japanese shares, says the FT. The MSCI Asia Pacific index and Japan’s Nikkei 225 Stock Average were each off 0.1 per cent,
Overnight markets: Flat
Asian stocks were mixed, with some investors locking in profits on a recent run-up after upbeat US economic data and receding European debt concerns, while a weaker yen continued to boost Japanese exporters,
Overnight markets: Up
Asian stocks rose as investors took heart from upbeat US economic data and favourable stress test results for major US banks, while a weaker yen gave Japanese exporters an added boost, reports the FT.
Investor sentiment improved,
Overnight markets: Up
Asian stocks rose to their highest in a week, while the dollar hovered below an 11-month high against the yen on Tuesday, supported by recent signs of improvement in the US economy, ahead of a policy decision by the Federal Reserve,
Overnight markets: Lower
Asian stocks were lower as data showing China posted a big trade deficit last month overshadowed strong US jobs numbers and a rebound in Japan’s machinery orders, says the FT. The yuan also declined after after China’s central bank weakened its daily fixing for the currency by the most since August 2010,
Weekend news catch-up
Weekend headlines from the FT and other UK media:*
From The FT,
- Barclays paid chief’s £5.75 million tax bill
- Merchant House says assets of £6 million frozen
- El Paso shareholders approve $38 billion Kinder tie-up
From The Sunday Times,
Euro dips after Greece bond swap result
The FT’s Global Market Overview reports that the euro has dipped as investors absorb the results of Greece’s €206bn debt restructuring. But Wall Street stock futures have recovered their poise ahead
Bank of America makes side deal on mortgages
The WSJ reports that Bank of America may be able to avoid $850m in penalties as part of a side deal with government officials after its $25bn settlement of alleged foreclosure abuses. While all banks that were part of the settlement are required to reduce principal values of some of the mortgages involved,