Skip to: Content
Skip to: Site Navigation
Skip to: Search
SUNDAY, NOVEMBER 22, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter


 MARKETS 
0

Asian Stocks Hit 7-Month High

Taipei leads region's markets on another bullish day

Share

(Newser) – Asian stocks hit a 7-month high today as investors put aside swine flu fears and and seized on good news from China. In Taiwan the main index soared 5.6%, its second straight major gain, while in Hong Kong the Hang Seng index closed up 5.5%. European markets started the day in positive territory—Fiat stock jumped 6.1% on news of its purchase of a stake in Chrysler and plans to expand further.

The Taiwan Stock Exchange soared for a second day after the island's government said it will allow mainland China investors buy into the island's stock market for the first time since the civil war.
The Taiwan Stock Exchange soared for a second day after the island's government said it will allow mainland China investors buy into the island's stock market for the first time since the civil war.   (AP Photo/Wally Santana)
People watch an electric market board in Tokyo last week.
People watch an electric market board in Tokyo last week.   (AP Photo/Katsumi Kasahara)
Visitors enjoy the huge gains in the Taiwan Stock Exchange at a brokerage in Taipei, Taiwan, today.
Visitors enjoy the huge gains in the Taiwan Stock Exchange at a brokerage in Taipei, Taiwan, today.   (AP Photo/Wally Santana)
« Prev« Prev | Next »Next » Slideshow
OFF THE GRID
11.20.09
The Health-Care Wars Have Just Begun
11.19.09
Sarah Palin Deserves Some More Attention
0 comments
VIEWING:
 
LEAVE A
COMMENT Comment Policy
Facebook ConnectPost this comment to Facebook?

After connecting you will have the option to post your comment on your Facebook profile.

 

Related Newser Stories

40 Stories

 US Woes Send 
 Asian Stocks 
 Tumbling 

Nikkei, Hang Seng have their worst day in weeks

Jun 23, 09 5:43 AM CDT
(Newser) - Stocks in Asia tumbled to their worst finish in weeks, reports the Wall Street Journal, as continued fears about the US economy led to a sell-off of resource companies and exporters. The Nikkei in Tokyo and the Hang Seng in Hong Kong both closed down about 3%, echoing a... More »

MORE ABOUT:
financial markets • Nikkei • Hang Seng • Asian markets • Asian stocks

MARKETS

 Asian Stocks Follow US Drop 

Nikkei, Hang Seng both down 3%

Jun 16, 09 3:29 AM CDT
(Newser) - Asian stocks followed the American markets lower today as investors grew worried about the sluggish pace of global economic recovery. The Nikkei in Tokyo and the Hang Seng in Hong Kong were both down about 3%, ending a rally that has sent Asian markets up 44% since March. "Those... More »

MORE ABOUT:
Nikkei • Hang Seng • Asian markets • Asian stocks • Nikkei 225 Stock Average

MARKETS

 Swine Flu Sends 
 Travel Stocks Falling 

Airlines decline while drugmakers advance; Mexican peso tumbles

Apr 27, 09 6:39 AM CDT
(Newser) - Stocks declined worldwide today, with travel companies leading losses as investors gave their first reaction to the outbreak of swine flu. Airlines took a pummeling—Lufthansa fell more than 12%, British Airways 8.7%—and tour operators like Carnival also suffered sharp drops. But pharmaceutical companies did well: drugmaker Roche,... More »

MORE ABOUT:
Mexico • British Airways • markets • Lufthansa • European markets • outbreak • influenza • Tamiflu • Roche • foreign currency • swine flu • Mexican peso

40 Stories


Business  •  World 
TwitterFollow @NewserBusiness on Twitter

 
Taipei • markets • Hang Seng • Asian markets • European markets • fiscal crisis

from our news partners