Search Results for 'Asian'

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

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 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

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

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 [...]

Posted On : Aug, 17 2009 | Comments : 0

Oil prices down in Asian trade

Filed Under: Oil & Gas - Upstream activities, Economy and Business and Finance, Markets & Exchanges, Energy & Resources, Energy SINGAPORE--Oil was trading at about $56 a barrel in Asia on Monday amid a deepening recession in Eur [...]

Posted On : May, 18 2009 | Comments : 0

Oil prices up in Asian trade

SINGAPORE- Oil prices were higher in Asian trade Monday as hopes that the worst is over for the global economy overshadowed worries about the swine flu outbreak, analysts said. New York's main futures contract, light sweet crude [...]

Posted On : May, 04 2009 | Comments : 0

Oil prices lower in Asian trade on demand concerns

SINGAPORE: Oil prices continued to fall in Asian trade Wednesday as slumping US retail sales fueled worries of a slowdown in global oil demand, analysts said. New York's main futures contract, light sweet crude for delivery in May, eas [...]

Posted On : Apr, 15 2009 | Comments : 0

Asian Development Bank offers to double aid to Pakistan

The Asian Development Bank (ADB) Thursday offered cash-strapped Pakistan to double its annual assistance to $3 billion during the incoming fiscal year staring July 1, a senior official of the bank said. “We can double Pakistan’ [...]

Posted On : Feb, 27 2009 | Comments : 0

Asian Money Rates Rise as Central Banks Fail to Unlock Credi...

Asian money-market rates climbed as injections of more than $32 billion by Japan and Australia and a round of global interest-rate cuts failed to unlock credit. The three-month interbank offered rate in Tokyo, known as Tibor, was fixed at [...]

Posted On : Oct, 10 2008 | Comments : 0

CORRECTED-ANALYSIS-SE Asian rice cartel plan "going nowhere"

A proposed "OPEC-style" rice cartel in Southeast Asia will go nowhere due to the inability of governments to cooperate with each other and control output from their farmers, analysts and traders said on Friday. Thai Prime Ministe [...]