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Asian Markets Overview of March 5, 2010
MAR 5, 2010 13:30 - Article Views: 4,976
Friday Asian stocks received a positive lead from Wall Street. US stocks overnight posted a slim gain, supported by better-than-expected retail sales data and analyst upgrades of a batch of blue-chip companies. Yesterday most Asian markets closed lower on renewed worries about China's policy tightening. Hong Kong's Hang Seng Index slid 1.4 per cent, while Shanghai Composite lost 2.4 per cent, with China's banking and property shares dropping sharply. Singapore market was also impacted by China's property bubble concerns, and Straits Times slid 0.5 per cent. Japan's Nikkei 225 was off 1.1 per cent as strong yen hurt exporters. |
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Asian Markets Overview of February 9
FEB 9, 2010 13:30 - Article Views: 4,006
Asian shares mostly declined yesterday on uncertainty about the sovereign debt issue in Greece, Spain and Portugal. Japan's Nikkei stock average sank 1.1 percent to a two-month low at the close. South Korea's Kospi fell 0.9%, while Hong Kong's Heng Seng Index lost 0.6%. But Singapore's Straits Times Index gained 0.4. |
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Asian Markets Overview of January 25
JAN 25, 2010 13:30 - Article Views: 4,534
US shares tumbled sharply for a third straight day on Friday as continued worries about the White House's plan to limit bank risk-taking. Google's disappointing earnings also hit the tech stocks. For the week, the Dow dropped 4.1 per cent, the S&P 500 lost 3.9 per cent and the Nasdaq tumbled 3.6 per cent. |
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Asian Markets Overview of December 18
DEC 18, 2009 13:30 - Article Views: 5,628
Wall Street stocks tumbled overnight on a second downgrade of Greece's sovereign debt in a month and Citigroup's capital raising. The US dollar rebounded as investors cut riskier assets. The US dollar index, which measures its performance against a basket of major currencies, rose to its highest level in more than three months. |
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Asian Markets Overview of December 4
DEC 4, 2009 16:01 - Article Views: 6,572
Most Asian stock markets were lower Friday due to some profit taking selling before the release of US non-farm payrolls data. |
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Asian Market Overview of November 25
NOV 25, 2009 17:13 - Article Views: 4,995
Asian markets were mixed on Wednesday with a flat lead from Wall Street. Tokyo stocks rebounded on upbeat trade figures and bargain hunting after the market opened lower in the morning. Hong Kong and Seoul share declined as investors the U.S. economy did not grow as quickly as previously forecast in the latest quarter. |
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Australian Market Report of September 17: Wall Street Set a Good Tone
SEP 17, 2009 13:00 - Article Views: 7,956
Overnight Wall Street posed a solid gain as an upbeat sentiment that the worst is over increased investors' appetite for riskier assets. The shares were lifted by a round of buying in financial shares and a jump in US industrial production data. |
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Asahi (TYO:2502) Not Competing With Suntory to Buy Orangina
SEP 11, 2009 16:11 - Article Views: 5,274
Japan's Asahi Breweries (TYO:2502) denied a newspaper report that it is competing with Suntory Holdings to buy European soft-drinks maker Orangina. |
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San Miguel (PSE:SMC) Strong Profit Boosted by Asset Sale to Kirin (TYO:2503)
SEP 2, 2009 16:20 - Article Views: 6,562
Philippines' food and beverage giant San Miguel Corp. (PSE:SMC) said its second-quarter net profit rose sixfold from a year earlier, largely due to the asset sale to Japanese brewer Kirin Holdings (TYO:2503). |
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