Search Results for 'Asia'

Asian stocks mostly down on Europe bank worries

Asian stock markets were mostly lower Thursday amid new signs of pressure on Europe's banking system and a downturn on Wall Street. Benchmark oil lingered above $99 per barrel while the dollar rose against the euro but fell against th [...]

Posted On : Dec, 29 2011 | Comments : 0

World Bank Says Asia Has Room for Stimulus to Limit Europe H...

Most Asian nations have room to use fiscal stimulus to protect their economies from a deterioration of the European debt crisis that may have “substantial” spillovers on the region, the World Bank said. Developing East Asia [...]

Posted On : Nov, 22 2011 | Comments : 0

LME Base Metals Extend Losses In Asia On Risk Aversion; Spot...

Base metals were extending overnight losses Friday in Asia as risk aversion weighed on investor sentiment, while precious metals came off lows due to safe-haven inflows. Fears of the global economy tipping back into recession triggered [...]

Posted On : Sep, 23 2011 | Comments : 0

Asia's Factories Slow as Central Banks Tighten

Manufacturing growth in much of Asia slowed further in July and even contracted in China, signaling that previous monetary tightening and sluggish economies globally are pinching Asian growth. According to one closely watched release, [...]

Posted On : Aug, 01 2011 | Comments : 0

Asian Shares Mostly Lower; Banks Weak In Shanghai

Asian stock markets were mostly lower Monday with banks falling in Shanghai on concerns about further interest rate hikes, while severe flooding in Australia's Queensland state continued to trouble the Sydney market. Investor se [...]

Posted On : Jan, 10 2011 | Comments : 0

Asian Shares Mixed; Banks, Brokerages Fall In China

Asian stock markets were mixed Thursday, with some exporters in Tokyo reversing early losses as the yen eased off from early highs, while banks and brokerages fell in Shanghai after data showed China's economy slowed in the third qua [...]

Posted On : Oct, 21 2010 | Comments : 0

Asian Central Banks Keep Up Intervention as Dollar Weakens

The central banks of South Korea, Singapore, Thailand and Indonesia were suspected of intervening in foreign exchange markets Wednesday to contain gains in their currencies, but analysts say the continued weakness of the U.S. dollar mean [...]

Posted On : Sep, 29 2010 | Comments : 0

Asian Currencies Fall on Risk Central Banks Will Follow Japa...

Asian currencies dropped on concern regional central banks will intervene to stem currency gains after Japan sold the yen for the first time since 2004. A weaker yen boosts the competitiveness of Japanese exporters such as Sony Corp [...]

Posted On : Sep, 15 2010 | Comments : 0

OIL FUTURES - Crude Rises In Asia On US Stock Data Expectati...

Crude-oil futures rose slightly in Asian trading Wednesday, on the back of expectations that U.S. crude inventories would decline in Energy Information Administration data due to be issued later in the day. On the New York Mercantile Exc [...]

Posted On : Jun, 30 2010 | Comments : 0

Oil extends gains in Asian trade, stays above $85

Oil prices extended gains in Asian trade today on optimism over the US economic recovery following positive jobs data along with easing global fears about Greece's debt crisis, analysts said.New York's main contract, light sweet [...]

Posted On : Apr, 30 2010 | Comments : 0

OIL FUTURES - Crude Down In Asia On Stronger Dollar, Demand ...

Crude oil futures traded slightly lower in Asia Tuesday on the back of a stronger U.S. dollar and ahead of tomorrow's U.S. inventory data, with the market focus returning to fundamentals above the $80-a-barrel level. On the New [...]

Posted On : Mar, 09 2010 | Comments : 0

Asian Currencies Fall, Paced by Won, as Banks May Stem Gains

Asian currencies fell, led by South Korea’s won, on speculation regional central banks will intervene to stem rallies this year that risk hurting a recovery in exports. The won, Philippine peso and Indonesian rupiah all strengthened t [...]

Posted On : Jan, 12 2010 | Comments : 0

Oil prices hover near $80 in Asia trade

Oil prices hovered near $80 in Asia trade Friday as traders fretted over the weak fundamentals of the market, analysts said. New York's main contract, light sweet crude for December delivery, was up 33 cents to $79.95 a barrel. Brent North [...]

Posted On : Nov, 06 2009 | Comments : 0

Asians celebrate food festival in London

London's biggest Asian cultural festival kicks off in Brentford. Gunnersbury Park once again play host to the seventh London Mela, one of Europe's largest outdoor Asian festivals. Last year the festival attracted over 70,000 people and org [...]