Asian Markets

  • Liverpool ramp up social media to unlock Asian markets 25-07-2013 06:56 PM

    Melbourne: Capturing even a small slice of Asia's four billion consumers is a salivating prospect for any European soccer club and Premier League giants Liverpool see social media as the Trojan horse to unlock the region's vast commercial potential. Liverpool's three-year exile from Champions League has not only hurt the...
  • Rupee slumps to record low of 60.75 versus dollar 26-06-2013 05:26 PM

    New Delhi: Rupee on Tuesday slumped to record low of 60.75 versus dollar, on the back of end-of-month dollar demand from domestic importers and falls in most emerging Asian currencies. The slump came even after the Reserve Bank of India made an attempt to defend the currency before the rupee...
  • BSE Sensex up for 3rd day; Coal India, Hero Moto shine 28-05-2013 09:46 AM

    Mumbai: Key equity benchmarks surged in the late afternoon trade to extend its rally for three consecutive sessions after big rout last week. The news of monsoon expected to hit India in the next 3-4 days helped lift the sentiment considering agriculture contributes significantly to the country's growth. The Sensex...
  • Sensex ends 326 points up; RIL, Sun Pharma lead gains 27-05-2013 09:49 AM

    Mumbai: The BSE benchmark Sensex on Monday surged the most in two weeks by jumping 326 points to close at 20,030.77 points on all-round buying led by a rally in RIL and Sun Pharma on positive reports amid a firming global trend. The Sensex shot up by 326.44 points, or...
  • Sensex plunges as dollar firms up; ITC leads FMCG slide 13-05-2013 09:34 AM

    Mumbai: Key equity benchmarks plunged 2 per cent on Monday, the biggest single day fall in more than a year, with brokers attributing the crash to profit taking after the recent run up. Signs of a recovery in the US economy also made investors jittery as they feel a portion...
  • Will Asian equities rebound in 2012? 02-01-2012 11:06 AM

    Mumbai: The risks from Europe's debt crisis and a global slowdown have left investors in Asia reeling in 2011, but analysts tell CNBC, Asian equities will outperform and push global markets higher in 2012 because of further policy easing and better valuations. Asian stocks measured by the MSCI Asia ex-Japan...
  • Sensex gains 158 points, Nifty ends above 4700 24-11-2011 09:04 AM

    Mumbai: Short covering in the late trade pushed the Sensex 1 per cent higher on Thursday. It was supported by capital goods, oil & gas, private banks, auto and technology sectors. The Nifty clawed back to above the 4750 quite nicely on expiry day after trading in a range of...
  • Asian stocks plunge on Europe debt crisis setbacks 10-11-2011 08:03 AM

    Bangkok: Setbacks in Europe's efforts to isolate a debt crisis before it blows up into an all-out recession sent Asian stock markets tumbling on Thursday. Japan's Nikkei 225 index fell 2.1 per cent to 8,569.79 while Hong Kong's Hang Seng index plummeted 4.1 per cent to 19,189.30. South Korea's Kospi...
  • Asian shares rise as concerns over Italy ease 09-11-2011 08:04 AM

    Tokyo: Asian shares rose and the euro steadied on Wednesday after Italian Prime Minister Silvio Berlusconi said he would resign, raising hopes the debt-ridden country would proceed with reforms to contain the euro zone's sovereign debt crisis from spreading. MSCI's broadest index of Asia Pacific shares outside Japan rose 0.8...
  • Asian shares fall after Greece coalition deal 07-11-2011 07:56 AM

    Tokyo: Asian shares struggled on Monday, with investors still nervous despite the formation of a new Greek unity government intent on avoiding imminent debt default. MSCI's broadest index of Asia Pacific shares outside Japan was down 0.1 per cent, while Japan's Nikkei stock average .N225 fell 0.5 per cent. US...
  • Greek tragedy hits world, but Sensex climbs 02-11-2011 09:32 AM

    Mumbai: The 50-share NSE Nifty rose 0.5 per cent after a recovery in Asian markets on Wednesday. Oil & gas, FMCG, Anil Dhirubhai Ambani Group stock, select technology and financial stocks led the support. The BSE Sensex gained 86 points at 17,567 and the NSE Nifty jumped 26 points to...
  • Asian markets slip on global jitters 01-11-2011 08:24 AM

    Tokyo: Japan's Nikkei share average fell on Tuesday after the failure of US trading firm MF Global Holdings and fresh worries about Europe raised concerns on the global economic outlook, prompting profit-taking. Panasonic skidded 3.8 per cent after it said on Monday that it expects to post an annual net...
  • Asian stocks up on Europe debt hopes 19-10-2011 08:20 AM

    Bangkok: Asian stock markets headed upward on Tuesday, with investors emboldened by reports that Germany and France were moving closer toward resolving Europe's debt crisis. Japan's Nikkei 225 index rose 0.6 per cent to 8,789.83 and Hong Kong's Hang Seng index was 0.8 per cent higher at 18,215.17. South Korea's...
  • Nikkei slips from 6-wk high, hurt by euro zone doubts 18-10-2011 08:27 AM

    Tokyo: Japan's Nikkei share average fell more than 1 per cent on Tuesday from a six-week high hit the previous day on concerns that Europe's solution to its debt crisis may not be as fast and comprehensive as some had hoped for. Shares in Olympus , tumbled for a third...
  • Nikkei rises to 6-wk high on earnings, Olympus slides 17-10-2011 08:15 AM

    Tokyo: The Nikkei stock average rose to a six-week high on Monday, tracking US gains on earnings hopes and on expectations that Europe will come up with a plan to contain its debt crisis. Shares of Olympus plunged 22 per cent, extending deep losses on Friday after the company's British...
  • Asian stocks up as Europe tames its debt crisis 13-10-2011 08:48 AM

    Tokyo: Japan's Nikkei stock average rose to a four-week high on Thursday on hopes that Europe will come up with actual measures to support Greece and shore up European banks. Shares of major exporters such as Sony Corp, which were sold off during the market downturn until earlier this month...
  • Nikkei jumps to 3-wk high, resistance looms 11-10-2011 08:40 AM

    Tokyo: The Nikkei share average jumped to a three-week high on Tuesday after Germany and France pledged to deliver a plan to protect banks by the end of month, easing fears that Greece's debt troubles could wreak havoc on the global financial system. Still, many market players doubt that Nikkei...
  • Asia stocks muted after mixed US economic data 30-09-2011 08:46 AM

    Bangkok: Asian stocks were mixed Friday following a choppy session on Wall Street as investors struggled to make sense of conflicting reports on the health of the US economy. Japan's Nikkei 225 index rose 0.3 per cent to 8,723.12. Australia's S&P/ASX 200 index fell 0.5 per cent to 3,990.10. Hong...
  • Commodities drop, asian stocks fall on euro crisis 29-09-2011 07:38 AM

    Singapore: Asian shares and commodities fell on Thursday on growing worries that Europe's intractable debt problems will plunge the world economy into a second global financial crisis. Copper fell below $ 7,000 a tonne, gold slipped below $ 1,600 an ounce to stand more than $ 300 below its record...
  • Asian stocks edge up on optimism about Europe 28-09-2011 08:24 AM

    Tokyo: The Nikkei average rose on Wednesday, extending gains after a big jump the day before as investors continue to cautiously take heart from Europe's efforts to resolve its sovereign debt problem. Japan Tobacco, the world's third-biggest cigarette maker, saw active trade on news that the government may sell off...
  • Asian markets drop as investors unload stocks 26-09-2011 08:14 AM

    Bangkok: The sell-off in Asian markets continued on Monday, as Europe's prolonged debt crisis and the possibility of a global recession caused investors to flee riskier assets like stocks. Japan's Nikkei 225 index fell 1.6 per cent to 8,421.53. South Korea's Kospi index was 1.4 per cent lower at 1,673.47....
  • Asian markets fall sharply over recession fears 23-09-2011 08:11 AM

    Bangkok: Investors across the globe continued to dump stocks on Friday as weak economic indicators from major nations including China intensified fears of a new recession. In Asia, losses were broad-based but less severe than in the US and Europe. Oil prices stabilized near $81 a barrel after diving to...
  • Asian markets stung by Fed pessimism 22-09-2011 09:09 AM

    Bangkok: Asian stocks headed lower Thursday, stung by a pessimistic assessment of the US economy by the Federal Reserve. Japan's Nikkei 225 slumped 1.6 per cent to 8,598.32 while South Korea's Kospi index slid 2.6 per cent to 1,806.62. Benchmarks in New Zealand, Singapore and Taiwan were also lower. Hong...
  • Asian markets higher on hopes of Fed action 21-09-2011 08:19 AM

    Bangkok: Asian stocks made headway early on Wednesday as investors fearful of a debt implosion in Europe held onto hopes that the Federal Reserve in would announce measures to jolt the US economy. Japan's Nikkei 225 index was marginally higher at 8,721.98 after the Finance Ministry released trade data showing...
  • Nikkei slips after S&P cuts Italy rating 20-09-2011 09:11 AM

    Tokyo: The Nikkei average fell on Tuesday after Standard & Poor's cut Italy's debt rating and worries about the global impact of continued financial turmoil in the euro zone mounted, but caution ahead of a US Federal Reserve meeting limited losses. S&P downgraded its rating on Italy by one notch...
  • Nikkei rises 1.5 pc, financials lead gains 16-09-2011 08:08 AM

    Tokyo: The Nikkei stock average gained 1.5 per cent, climbing above a recent resistance level, as coordinated action from central banks calmed fears that Europe's financial sector was headed for a credit freeze due to the region's sovereign debt crisis. Financials outperformed, lifting the Nikkei above 8,732, the settlement price...
  • Asian markets open higher after US rally 13-09-2011 08:14 AM

    Wellington: Asian markets opened higher on Tuesday following Monday's late rally on Wall Street. Benchmark oil rose to near $89 a barrel while the dollar slipped against the yen and the euro. Japan's benchmark Nikkei 225 index was up 0.3 per cent at 8,561.97. Australia's S&P/ASX200 index was up 0.6...