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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: Asian stocks

Asian stocks stories: 16 news summaries

 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 »

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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 »

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Nikkei • Hang Seng • Asian markets • Asian stocks • Nikkei 225 Stock Average

MARKETS

 Banks Lead 
 Asian Stock Rally 

Nikkei rises 4.6% to 6-month high

May 7, 09 4:01 AM CDT
(Newser) - The Nikkei stock average soared 4.6% today to close at a 6-month high, leading a rally across Asia. Banking stocks led advances as worries about the US financial system abated, with Mitsubishi UFJ jumping more than 15%. Markets in London, Paris and Frankfurt all opened in positive territory and... More »

MORE ABOUT:
Barclays • UBS • Nikkei • Asian stocks • European stocks • Mitsubishi UFJ Financial Group

MARKETS

 Asian Stocks 
 Rocket on New 
 Stimulus Plans 

Nikkei jumps 5.2%, Europe opens up

Mar 13, 09 5:33 AM CDT
(Newser) - Asian markets followed the third straight rally on Wall Street with a major bull run today as new stimulus packages in China and Japan and good news from Bank of America sent stocks soaring. In Tokyo the Nikkei closed up 5.2%, while a late surge in Hong Kong boosted... More »

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markets • Nikkei • Hang Seng • Asian markets • Asian stocks

MARKETS

 Stocks, Dollar 
 Dive as 
 Bailout 
 Collapses 

Markets fall in Asia, Europe; car companies lead declines

Dec 12, 08 4:19 AM CST
(Newser) - Asian markets dove today, and European exchanges opened down as the Senate abandoned efforts to bail out the American auto industry. The Nikkei in Tokyo and the Hang Seng in Hong Kong both closed down about 5.5%, with major exporters like Toyota and Sony leading declines. The bailout's collapse... More »

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markets • Nikkei • Hang Seng • Asian stocks • auto industry • European stocks • auto bailout

Global Stock Markets Mixed After Obama Win

Asia sees credit thaw, Europe dips on weak earnings reports

Nov 5, 08 5:39 AM CST
(Newser) - The dollar gained ground on the euro following Barack Obama’s presidential election win, as investors sensed a glimmer of hope in the US battle to turn around its economy under a new administration. Asian markets were up as credit worries eased slightly, reports Bloomberg. But poor earnings reports sent... More »

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Barack Obama • Asian stocks • US dollar • European stocks • financial crisis

 Global Stocks Pounded, 
 Dollar Hits Record Highs 

Greenback soars to 5-year high against the pound

Oct 22, 08 5:40 AM CDT
(Newser) - Stocks in Asia and Europe dove once again today, with banks leading losses as the continuing economic downturn hit corporate profits. The Nikkei in Tokyo closed down 6.8%, and London's FTSE opened down 2.3% after the Bank of England said that the country is in a recession. Meanwhile... More »

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pound • euro • Nikkei • FTSE • Asian stocks • Bank of England • US dollar • Mervyn King • European stocks

 Global Stocks Skid 
 Amid Recession Fears 

New rash of selling in Europe and Asia despite mammoth bailout packages

Oct 15, 08 5:40 AM CDT
(Newser) - The global market rally lost steam today as fears of a deepening recession prompted investors to resume looking for cover after profit taking—despite more than $2 trillion being pledged by governments to help thaw frozen credit markets, reports Bloomberg. Markets closed lower in Hong Kong, Seoul and Sydney. London,... More »

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stock market • recession • Asian stocks • European stocks • stock futures

 Asian Markets Plunging  


Oct 9, 08 8:08 PM CDT
(Newser) - Asia's markets are following on the heels of the Dow's plunge today, MarketWatch reports. All of them are dropping precipitously at the start of Friday's trading, with Japan's benchmark Nikkei index down more than 10%. Elsewhere, South Korea's was down nearly 9%, Hong Kong's 8%, and Australia's 6.7%. The... More »

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Japan • Asian stocks • Nikkei 225 Stock Average

IBM Forecast Rallies Asian, European Markets

Big Blue's outlook erases some gloom

Oct 9, 08 7:29 AM CDT
(Newser) - After five straight trading days of losses, investors may have regained a touch of confidence as markets in Asia and Europe bounced back from their beatings today, reports Bloomberg. The rebound, fueled in part by IBM’s reaffirmation of its profit forecast, comes after the worst five-day selloff since 1987.... More »

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stock market • IBM • Asian stocks • European stocks • Dexia

Banking Jitters Send
European Shares Down

Experts remain skeptical a $700 billion US bailout will ease credit woes

Sep 29, 08 6:59 AM CDT
(Newser) - Investors drove share prices down across Europe and Asia as bank emergencies multiplied  and news of the $700-billion US bailout deal failed to loosen up frozen credit markets, reports Bloomberg. British mortgage lender Bradford & Bingley was taken over by regulators and a trio of European governments jumped in to... More »

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Asian stocks • bailout • European stocks • credit market chaos • financial crisis • Dexia

UPDATED

Asian Stocks Continue Plunge

Stocks tumble for second straight day

Jan 22, 08 3:25 AM CST
(Newser) - Jitters over the US economy led to a major sell-off in Asian markets for the second straight day, with Australia's benchmark index closing down 7.1%—the biggest single-day loss in nearly 20 years. India's Sensex index skidded 10%, triggering a shutdown, but rallied to close down 4.6%. Japan's... More »

MORE ABOUT:
Japan • Federal Reserve • Hong Kong • Nikkei • Hang Seng • Asian markets • Asian stocks • Japanese economy • George W. Bush

US Recession Fears Pummel World Markets

Asian, European investors selling off stocks to avoid exposure to downturn

Jan 21, 08 6:09 AM CST
(Newser) - Markets across Asia and Europe fell sharply today on fears of a looming US recession and a lack of confidence in Bush’s $145 billion economic rescue plan, reports Bloomberg. Japan's Nikkei was off 3.9% and the Hong Kong Seng Index fell 3.5%, the most since Sept. 11,... More »

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recession • US economy • Asian markets • Asian stocks

PetroChina Becomes First Trillion-Dollar Company

Wildly successful IPO gives China 5 of world's top 10 companies

Nov 5, 07 8:14 AM CST
(Newser) - In its first day of trading, PetroChina Co. became the world’s most valuable company, hitting $1 trillion in market capitalization after shares nearly tripled to 43.96 yuan from an IPO of 16.7 yuan. It’s now worth more than the entire Russian stock market. Some analysts interpreted... More »

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China • Chinese stock market • stocks • PetroChina • gas prices • Asian stocks

Oil, Steel Fuel Surge in Asian Markets

Near-record crude prices outweigh
fears of US skid

Sep 11, 07 4:14 AM CDT
(Newser) - Crude climbed within 50 cents of a record today, and that meant Asian stock indexes were climbing as well with the Nikkei rising 0.3% and the Asia-Pacific index up 0.1% after big losses Friday. Steel joined oil as a big mover when South Korean producers announced a price... More »

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China • South Korea • Japan • steel • Asian markets • Asian stocks • Nikkei 225 Stock Average • crude oil

Foreclosures Trigger Asian Drop

Fear of brake on US consumer spending

Sep 7, 07 4:07 AM CDT
(Newser) - Asian stocks are falling again, reflecting worry the growing credit crisis in the US will puncture the economy and slash consumer spending. Mizuho Financial Group, Japan's second largest lender, dropped to a two-week low after an increase in home foreclosures in the US —and many other Asian financial stocks... More »

MORE ABOUT:
Japan • subprime mortgages • PetroChina • Nikkei • Asian markets • Samsung • Asian stocks • Mizuho Financial Group • BHP Billiton Ltd. • China Minsheng Banking Corp. • Japanese economy

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