2010/02/01 13:30 - Last week Asian markets mostly experienced a significantly losing week and will continue to be weighed by the negative lead from US and European markets on Monday. Asian stocks Friday stumbled on disappointing company forecasts and Toyota's recall of millions of cars. For the month, China's Shanghai Composite lost 8.8%, Hong Kong's Hang Seng Index fell 8%, Australia's S&P/ASX 200 was down 6.2% and South Korea's Kospi slid 4.8% to 1602.43.
2010/01/28 13:30 - Wall Street stocks posted gains on Wednesday. The market pared early losses in late trade as Federal Reserve kept its stimulative monetary policy unchanged and said it would hold interest rate at "exceptionally low" level for an extended period to support the economic recovery.
2010/01/15 13:30 - Wall Street shares on Thursday shrugged off the news of disappointing economic data and rebounded from early loss. US retail sales fell unexpectedly by 0.3 per cent in December, a poor sign for the holiday shopping season. The market rise was led by technology shares as investors were expecting strong numbers from Intel.
2010/01/13 13:30 - Overnight US shares was lower on the disappointing Alcoa fourth-quarter report and profit warning from Chevron and Electronic Arts. Financial sector also fell as investors feared that a potential government levy might hurt bank profits.
2010/01/11 13:30 - US stocks was slightly higher on Friday, hitting at least 15-month closing highs despite a bigger-than-expected job loss data. US dollar was lowered on the disappointing payroll data. This week the US firms, which are widely expected to show significant improvement compared to the corresponding period last year, will kick off the quarterly earnings reporting season.
2010/01/08 13:30 - Overnight US shares ended with modest gains helped by better-than-expected retail sales data and upbeat broker comments. But investors were still cautious ahead of the release of the non-farm payrolls data. Most Asian stocks declined Thursday. China's Shanghai Composite lost 1.9 per cent over fears of possible rates rise while Chinese central bank is tightening liquidity in the interbank money markets.
2010/01/06 13:30 - Wall Street shares closed mixed as investors took a breather after the new year's rally and turned cautious ahead of the payroll and employment data due on Friday. Yesterday Asian shares ended mostly higher following the good performance in Wall Street. Hong Kong's Hang Seng Index was 2.1 per cent higher while Shanghai Composite added 1.2 per cent.
2010/01/05 13:30 - Asian shares could be lifted after US and European markets rallied overnight on optimistic outlook of 2010. Yesterday Asian markets mostly kicked off the new year with gains. Japan's Nikkei surged 1 per cent on yen's weakness and a financial lifeline to Japan Airlines. The global markets also cheered for the strong manufacturing data from China and India. However, China's Shanghai Composite fell 1 per cent on Monday over fears on inflation.
2010/01/04 13:30 - Asian shares delivered a positive opening this morning. The Asian bourses were higher in thin trade on the last day of 2009 as commodity prices rose and China pledged to maintain policies that helped pull the world economy out of recession. For the year, Hong Kong's Hang Seng Index added 52%, Australia's S&P/ASX 200 Index gained 31% in 2009 and Singapore was up 65 percent over the year. But Wall Street tumbled on the final trading day in 2009. Dow index remains down 26 per cent from its 2007 highs.
2009/12/22 09:30 - The Australian sharemarket ended slightly lower on Monday after a positive start driven by a resources sector buoyed by higher commodity prices. The pullback was led by major banks, and consumer staples. At close, the benchmark S&P/ASX200 index was down 6.4 points, or 0.14 per cent, to 4644.1, while the broader All Ordinaries gave up 6.1 points, or 0.13 per cent, at 4665.8.
2009/12/21 13:30 - Wall Street rose on Friday led by technology shares after Oracle and BlackBerry maker Research In Motion posted better-than-expected quarterly earnings reports. For the week, the Dow fell 1.3 per cent, the S&P trimmed 0.3 per cent and the Nasdaq rose 1 per cent.
2009/12/17 13:30 - US stocks closed mixed overnight as the market wobbled after the US Federal Reserve decided to maintain its interest rates at record low to support the subdued recovery. The central bank's upbeat outlook of the economy has led to speculation about a faster interest rate rise.
2009/12/17 09:30 - The Australian sharemarket gave up early gains on Wednesday after the GDP figures released by Australian Bureau of Statistics showed a disappointing result in economy growth. At the close, the benchmark S&P/ASX200 index was 11.6 points lower, or 0.2 per cent, at 4661.9, while the broader All Ordinaries slashed 11.7 points, or 0.2 per cent, at 4676.1
2009/12/14 13:30 - Asian shares mostly opened flat this morning. Wall Street closed higher on Friday after the reports of consumer sector lifted investor confidence. The data also fuelled the expectations the US interest rates could hike soon. British and European shares also gained at after strong Chinese growth data.
2009/12/11 09:30 - The Australian market declined for a fifth consecutive session on Thursday, even after a stronger-than-expected labour force report. The falls were led by resources shares and consumer discretionary. At the close, the benchmark S&P/ASX200 index dropped 31.2 points, or 0.7 per cent, at 4606.7 points, while the broader All Ordinaries index lost 29.7 points, or 0.6 per cent, to 4622.9 points.
2009/11/27 15:51 - All the key markets in Asia were hurt by the debt problem of Dubai today. Japan's key Nikkei stock index opened nearly 2 percent lower Friday while Hong Kong's Hang Seng Index declined about 3 per cent at opening with banks which are exposed to overseas assets tumbled massively.
2009/11/26 16:38 - Asian stocks markets broadly dropped on Thursday despite Wall Street posted a solid gain overnight. Tokyo shares opened lower as the stronger yen continued to dampen investors' sentiment. In Hong Kong market, China Minsheng Banking Corp failed to lift the Hang Seng Index in its debut. Shanghai and Seoul shares also declined as their Asian peers.
2009/11/26 13:15 - Overnight US stocks ended at a fresh 13-month high ahead of the Thanksgiving holiday, helped by a series of upbeat economic data. A report showed initial claims for US jobless insurance benefits plunged to their lowest levels since September last year. US incomes rose 0.2 per cent and consumer spending jumped 0.7 per cent in October. New home sales rose 6.2 per cent unexpectedly.
2009/11/24 13:00 - US stocks posted a strong gain overnight boosted by better-than-expected home sales. Existing-home sales increased by 10.1 per cent to a 6.1 million annual rate, from 5.54 million in September, the National Association of Realtors said. The US dollar was weaker on Monday on expectations that the interest rate would remain at near zero.
2009/11/20 15:29 - Asian share markets mostly fell on Friday as investors' sentiment turned soured after the Wall Street losses overnight. Tokyo stocks fell sharply with the key Nikkei index hitting a fresh four-month intraday low under 9,500. Yen remained strong despite many key currencies were lower against US dollar.
2009/11/18 16:14 - Asian bourses opened mixed on Thursday after Wall Street posted a small gain overnight. US dollar's rebound provides an excuse for investors to lock in profits from the recent rallies. Hong Kong's Hang Seng Index pared its early gains this morning after a touch of a fresh 15 month high. Tokyo stocks fell on jitters over a series of corporate fund raising plans.
2009/11/13 15:57 - Asian stock markets were broadly lower Friday following the weakness in Wall Street. Chinese shares also fell on profit taking, but airline equities rose across the board on a new pricing mechanism of fuel surcharge to take effect this weekend.
2009/10/19 13:30 - The Dow index gave up last week's success and slipped back slightly over the weekend. US and European stock markets closed lower on Friday after the latest US corporate results disappointed high hopes and pushed Wall Street back down through the key 10,000 points level.
2009/09/30 13:00 - Wall Street closed lower overnight after American consumer confidence reading in September dropped unexpectedly. The weakness in US technology stocks, which had been a leader for much of Wall Street's six-month rally, yesterday led a fall in the market. The Conference Board's consumer confidence index dipped in September to 53.1 from 54.5 in August as people worries about job market.
2009/09/21 13:00 - Wall Street Friday climbed to a fresh 2009 high as analysts boosted their growth outlook for the US. The market was inspired after Barclay's Capital raised its forecast for the nation's GDP growth in first three months of next year to five per cent from three per cent. For the week, Dow index posted a gain of 215 points.
2009/09/17 13:00 - 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.
2009/09/08 13:00 - US markets were closed for the Labour Day public holiday, while Europe and Asia markets posted strong gains on Monday.
2009/09/03 11:28 - Wall Street overnight extended its losses after a disappointing non-farm payrolls report in August, which raised concerns over the coming key reports on employment this week. US private sector slashed 298,000 jobs in August, a faster rate than economists' forecast.
2009/08/21 17:04 - Japan Airlines Corp. (TYO:9205) is looking to team up with shipping firm Nippon Yusen KK (TYO:9101) as part of the airline's plan to return to profitability with the help of restructuring.
2009/08/19 13:00 - US stocks ended the day higher overnight after a sharp slump in the previous trading session. The rebound was helped by better-than-expected earnings from retailers such as Dow component Home Depot.
2009/08/04 16:27 - All Nippon Airways Co. (TYO:9202) and Japan Airlines Corp. (TYO:9205) are reassessing their fuel surcharges and exploring possibility of charging the fees in October to reflect higher oil prices.
2009/07/29 13:00 - US stocks closed flat overnight after a weaker-than-expected survey on consumer confidence. The Conference Board reported its confidence index fell to 46.6 from 49.3 in June, primarily due to a worsening job market.
2009/07/27 13:00 - US stocks rose on Friday after Federal Reserve Chairman Ben Bernanke said the central bank is winding down its emergency lending programs established to end the financial crisis.
2009/07/23 13:00 - Wall Street finished mixed overnight. Dow and S&P 500 indices ended their rising streak while Nasdaq posted its 11th straight rise led by Apple and Yahoo. Investors started to lock in their profits from a series of rallies driven by earnings reports.
2009/07/20 13:00 - The Australian shares ended slightly lower after rise in early trade. The benchmark S&P/ASX 200 index was down 5.2 points, or 0.1 per cent, at 4000.8 while the broader All Ordinaries lost 5.1 points, or 0.1 per cent, at 3992.9 points. For the week, both indices surged more than 5 per cent, the strongest week in four months. The local market started in positive territory today led by the gains in Wall Street.
2009/07/13 13:00 - On Friday, the Australian market closed higher led by banking and mining stocks. The benchmark S&P/ASX200 index was up 30.8 points, or 0.8 per cent, at 3794.1 points, while the broader All Ordinaries index gained 29.2 points, or 0.8 per cent, to 3790.6 points. For the week, both benchmarks lost about 0.9 per cent.
2009/07/09 13:00 - The Australian market yesterday closed flat as traders were cautious about the economic outlook. The benchmark S&P/ASX200 index rose one point, or 0.03 per cent, at 3767.9, while the broader All Ordinaries index declined 1.8 points, or 0.05 per cent, to 3766.0 points. Today investors' focus would be the unemployment rate released by ABS.
2009/06/29 13:00 - The Australian share market closed firmer on Friday led by financial stocks. The benchmark S&P/ASX200 index was up 47.8 points, or 1.24 per cent, to 3903.8 points, while the broader All Ordinaries index advanced 48 points, or 1.25 per cent, to 3899.5 points. Trading volume is expected to remain at a low level before the reporting season.
2009/06/26 13:00 - Yesterday, the Australian share market closed higher on the back of stronger commodity prices. The benchmark S&P/ASX200 index rose 49 points, or 1.29 per cent, at 3856, while the broader-based All Ordinaries index gained 49.3 points, or 1.3 per cent, to 3851.5 points.
2009/06/24 13:00 - Yesterday the Australian market posted a massive drop following a significant decline in Wall Street. The benchmark S&P/ASX200 index tumbled 3.1 per cent, or 121.3 points, to 3796.9 yesterday, while the broader All Ordinaries lost 117.8 points, or 3.01 per cent, to 3793. Investors would become nervous after the losses in recent trading sessions, although the rebound in commodities prices may help to lift the local market.
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