Asia slows down but China stocks surge in catch-upChinese stocks surged on Thursday after a week-long break as they tried catching up to a global rally, while most regional markets stepped back with Japanese equities hitting the skids on weak data. MSCI's broadest index of As More… |
Asian shares rise on fading Fed tightening viewThe prospect of a delay in the US Federal Reserve's plan to raise interest rates and signs of some stability in oil and commodity markets boosted Asian stocks on Tuesday. MSCI's broadest index of Asia-Pacific shares outsid More… |
Nikkei and the FT: a meeting of minds or culture clash?For all the assurances by Nikkei executives that the Financial Times would retain editorial independence under their ownership, some staff at the business daily were fretting about everything from journalistic standards to holiday allowance. More… |
Nikkei chief vows to ensure FT's editorial independenceTop executives at Nikkei pledged to preserve the editorial independence of the Financial Times after the Japanese media group's $1.3 billion purchase of the British business newspaper, which has sometimes been critical of its new owner. More… |
Gold extends gains on equities, eyes FedGold rose further on Monday as gains on the Nikkei helped it offset pressure from a firm US dollar, but some investors were likely to stay on the sidelines ahead of a US Federal Reserve meeting this week, which could potentially weigh on the preci More… |
Asian stocks rise, euro steady on bank movesEuropean stock index futures rose on Friday, following a bounce in Asian shares, and the euro clung to gains from a 2-cent rally after euro zone policymakers moved to shore up struggling banks and fend off a financial crisis. The European More… |
Most Toyota plants to stay idle next weekToyota Motor Corp said on Wednesday it would not restart production at most of its idled Japanese vehicle assembly factories next week, denying a Nikkei newspaper report. The world's biggest automaker has halted vehicle assembly at al More… |
Most Toyota plants to stay idle next weekToyota Motor Corp said on Wednesday it would not restart production at most of its idled Japanese vehicle assembly factories next week, denying a Nikkei newspaper report. The world's biggest automaker has halted vehicle assembly at al More… |
Emerging stocks set to outpace rich worldMost emerging stock markets will finish 2010 with much stronger gains than their rich world counterparts, according to Reuters polls that showed only Japanese and Chinese bourses ending the year in double-digit slumps. Faced with a likely More… |
Oil holds above $75 as Asian equities rallyOil was steady on Thursday, with the front-month US contract holding above $75, as rising stock markets in Asia reflected greater confidence that the eurozone will contain Greece's debt crisis. Spain outlined measures to cut its defici More… |