Asian Markets

  • Liverpool ramp up social media to unlock Asian markets July 25, 2013

    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 club's...
  • Rupee slumps to record low of 60.75 versus dollar June 26, 2013

    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 hit...
  • BSE Sensex up for 3rd day; Coal India, Hero Moto shine May 28, 2013

    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 closed...
  • Sensex ends 326 points up; RIL, Sun Pharma lead gains May 27, 2013

    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 1.66...
  • Sensex plunges as dollar firms up; ITC leads FMCG slide May 13, 2013

    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...
  • Asian markets rise to a 4-year high as Dow hits another record March 7, 2013

    Tokyo: Japan's Nikkei share average rose above 12,000 on Thursday for the first time in 4.5 years, with risk appetite supported by a record high on Wall Street and the prospect of Japan soon adopting an aggressive reflationary monetary policy. The Nikkei rose 1.1 per cent to 12,060.96 by mid-morning,...
  • Italy faces political deadlock after election results February 26, 2013

    Rome: Italy faced political deadlock on Tuesday after a stunning election that saw the anti-establishment Five-Star Movement of comic Beppe Grillo become the strongest party in the country but left no group with a clear majority in parliament. "The winner is: Ingovernability" was the headline in Rome newspaper Il Messaggero,...
  • Global markets decline on deadlocked Italy election February 26, 2013

    Tokyo: Asian shares took their lead from overnight plunges in global equities to fall on Tuesday as an apparently inconclusive election outcome in Italy raised fears of a resurgent euro zone debt crisis. Italy's centre-left coalition will win a majority in the lower house of parliament but the upper house...
  • Asian shares rally, dollar remains weak September 14, 2012

    Tokyo: All eyes will be on the markets on Friday after the Sensex hit a six-month high at 18,000 on global cues on Thursday. Asian shares rose to a four-month high on Friday while the dollar remained weak against other major currencies after the US Federal Reserve announced an aggressive new...
  • Sensex ends 56 points up; GAIL, JSPL top gainers September 4, 2012

    Mumbai: Bucking weak global cues, the Sensex on Tuesday closed 56 points higher at 17440.87 on buying in Reliance Industries, SBI and ICICI Bank in the second half of trading. The BSE benchmark index, which had lost 45 points in the previous session, dropped by over 75 points in choppy trade...
  • Sensex ends 26 points lower in volatile trade August 3, 2012

    Mumbai: After dropping nearly 200 points, the Sensex on Friday staged a smart recovery tracking strong cues to close just 26 points lower as investors looked beyond the deficient monsoon and ECB not announcing immediate steps to tackle Eurozone debt crisis. In line with global stocks, Indian shares tanked with the...
  • Asian stocks rise after Greek vote eases fears June 18, 2012

    Tokyo: Asian stock markets climbed early on Monday after elections in Greece eased fears of global financial turmoil. Tokyo's benchmark Nikkei 225 index was up 2.1 per cent, at 8,749.31. Hong Kong's Hang Seng rose 1.8 per cent to 19,578.13. Australia's S&P/ASX200 rose 1.6 per cent to 4,123.30. South Korea's Kospi...
  • Asia stocks tumble, Tokyo hits 28-yr low June 4, 2012

    Bangkok: Asia stock markets took a beating on Monday as signs that the US economic recovery might be shifting into reverse sent investors fleeing. A report on US hiring and employment in May pushed stock indexes to their biggest declines of the year on Friday. The Dow Jones industrial average fell...
  • Global shares recover, but fear on Greece remains May 17, 2012

    Tokyo: Asian shares on Thursday recovered a bit of the ground lost in the previous day's sell-off, but investors found no reason to bet on risk amid deepening turmoil in Greece and fears of contagion to other stressed euro zone economies. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose...
  • Asian shares steady after sell-off May 17, 2012

    Tokyo: Asian shares steadied on Thursday from the previous day's sell-off, but investors found no reason to bet on risk amid deepening turmoil in Greece and fears of contagion to other stressed euro zone economies. MSCI's broadest index of Asia-Pacific shares outside Japan inched up 0.1 percent, after sliding more than...
  • Will Asian equities rebound in 2012? January 2, 2012

    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 index...
  • Sensex gains 158 points, Nifty ends above 4700 November 24, 2011

    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 November 10, 2011

    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 dropped...
  • Asian shares rise as concerns over Italy ease November 9, 2011

    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 November 7, 2011

    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 stock index...
  • Greek tragedy hits world, but Sensex climbs November 2, 2011

    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 November 1, 2011

    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 loss...
  • Asian stocks up on Europe debt hopes October 19, 2011

    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 Kospi...
  • Nikkei slips from 6-wk high, hurt by euro zone doubts October 18, 2011

    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 day...
  • Nikkei rises to 6-wk high on earnings, Olympus slides October 17, 2011

    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 former...
  • Asian stocks up as Europe tames its debt crisis October 13, 2011

    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 on...
  • Nikkei jumps to 3-wk high, resistance looms October 12, 2011

    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 September 30, 2011

    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 Kong's...
  • Commodities drop, asian stocks fall on euro crisis September 29, 2011

    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 high...
  • Asian stocks edge up on optimism about Europe September 28, 2011

    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 its...