Hang Seng

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World Markets Sinking

Investors 'rattled by fear,' says analyst

(Newser) - Get ready for another wild ride. Asian markets recouped some of their losses after scary declines early today, but European stocks were being buffeted a day after US markets suffered their biggest drop since 2008. By mid-morning London time, Germany's DAX was down 5.6%, France's CAC-40 had... More »

Jittery Markets Stumble Again After US Downgrade

From New Zealand to Singapore, markets down across Asia

(Newser) - Stocks around Asia fell early today as markets responded to the historic downgrade of the US government credit rating by S&P last week, reports CBS News . Hong Kong's Hang Seng dropped nearly 2.2%, as did Japan's Nikkei 225. South Korea's Kospi declined 3.8% to... More »

Global Markets Follow Wall Street Down

Sell-off fever spreads to Asia, Europe

(Newser) - Stock markets around the world are tumbling in the wake of yesterday's Wall Street meltdown . Market indexes across Asia saw major dives, and European markets are down in early trading, AP reports. The sell-off is "just a knee-jerk reaction to what's going on," said an analyst... More »

Asian Markets Reeling

Stocks dive amid hectic trading

(Newser) - Asian markets plunged across the board this morning as worries about the Greek debt crisis and yesterday's stunning Wall Street plunge sparked a huge sell-off. Traders are still baffled by yesterday's events, and market conditions are "hectic and confused," said one securities trader in Tokyo, where the Nikkei... More »

Dow Falls 186, Biggest Drop Since July 2

Worldwide shocks worry investors

(Newser) - Stocks continued to decline after drops in world markets proved to be contagious at the open, with the Dow falling the most since July 2, the Wall Street Journal reports. The worldwide stock decline had investors scrambling to Treasurys and other safe havens. Home-improvement retailer Lowe's fell 10% after reporting... More »

US Woes Send Asian Stocks Tumbling

Nikkei, Hang Seng have their worst day in weeks

(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 decline... More »

Asian Stocks Follow US Drop

Nikkei, Hang Seng both down 3%

(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 »

Asian Stocks Hit 7-Month High

Taipei leads region's markets on another bullish day

(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... More »

G20 Hopes Send World Stocks Soaring

Hang Seng has best day in 4 months, Europe rallies

(Newser) - Asian stocks soared and European exchanges opened strong, reports the Wall Street Journal, as investors expressed optimism for a G20 deal and prepared for a probable 50-point rate cut by the European Central Bank. The Hang Seng in Hong Kong rocketed 7.4%, its best day in four months, while... More »

Asia, Europe Rally, US Futures Soar

Obama team's plan sends markets up

(Newser) - Asian markets soared today and European exchanges opened higher as investors expressed optimism about the Obama administration's public-private asset purchase plan. In Hong Kong the Hang Seng rallied 4.1% to close at a five-week high, while the Nikkei in Tokyo closed up 3.4%. At midmorning bourses in London... More »

Asian Stocks Rocket on New Stimulus Plans

Nikkei jumps 5.2%, Europe opens up

(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 »

Stocks, Dollar Dive as Bailout Collapses

Markets fall in Asia, Europe; car companies lead declines

(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 »

Obama Plan Boosts World Stocks

Asia, Europe soar on multibillion infrastructure proposals

(Newser) - Asian and European stocks advanced substantially today amid hopes that Barack Obama's proposed US stimulus package could pull the world out of an economic dive. In Hong Kong the Hang Seng shot up 7.5%, while in Tokyo the Nikkei closed up 5.2%.  Stock exchanges in London, Paris... More »

Asian Stocks Hammered, Europe Opens Down

Nikkei and Hang Seng plunge on grim economic figures

(Newser) - Stocks in Asia plummeted again today as further economic data from Japan and the US spooked investors. In Tokyo the Nikkei dove nearly 7%, while in Hong Kong the Hang Seng slipped 6.6% in a massive sell-off of financial and real estate stocks. This morning in London the FTSE ... More »

World Stocks Jump on China Spending Spree

Asia, Europe advance after Beijing announces $6B stimulus package

(Newser) - China's announcement yesterday that it would spend nearly $600 billion to stimulate its economy gave a much-needed jolt to worldwide markets today. The Nikkei in Tokyo and Hang Seng in Tokyo both gained around 6%, while European exchanges also opened higher. China's spending spree also pushed up the price of... More »

Asian Stocks Dive

Gains of recent days wiped out as investors switch focus back to slumping economy

(Newser) - Dismal earnings predictions from major companies snapped a three-day gain in Asian markets, Bloomberg reports. Japan's Nikkei index skidded 6.5% after Hyundai, Panasonic, and Isuzu warned that the US slowdown would hit earnings. Hong Kong's Hang Seng dropped 6.4%, while News Corp's Australian shares took a 21% hit—... More »

Asia Stocks Rocket; Europe Up at Open

Hang Seng soars, Nikkei closes up after dreadful Monday

(Newser) - Asian markets posted dramatic gains after a punishing Monday, as investors reacted to favorable moves in the currency markets. In Hong Kong the Hang Seng surged in afternoon trading to close up 14.4%—its biggest one-day gain in 11 years—while in Tokyo the Nikkei ended up 6.5%... More »

World Stocks Crash Again

Nikkei dives to 1982 levels, Hang Seng plummets 12%

(Newser) - Japanese stocks hit a 26-year low as markets in Asia and Europe plunged again amid tenacious fears of a prolonged global recession. The Nikkei fell 6.4% and Hong Kong's Hang Seng index dropped a staggering 12%—its biggest single-day tumble since 1997. In London the FTSE opened down more... More »

Asian Markets Mauled

Markets across Asia plummet to multi-year lows amid intractable recession fears

(Newser) - Asian markets took a hammering today for the third day in a row as investors looked ahead and saw nothing but gloom, Marketwatch reports. The Nikkei index nosedived 9.6% to a five-year low. Indexes in Hong Kong, South Korea, China, Taiwan, and Australia all sank to multi-year lows. Analysts... More »

Asian Markets Tumble Again on Recession Fears

(Newser) - Asian stocks tumbled for a second day Thursday as a barrage of downbeat company forecasts deepened fears of a global recession. Every major regional benchmark was in the red. Japan's Nikkei lost 5.5% to 8,195.74, on top of a 6.8% drop yesterday. Hong Kong's Hang Seng... More »

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