Tag Archives: growth
ASIA MARKETS: Japan’s Nikkei Reclaims 15,000; Asia Stocks Mixed
Japanese shares soared Wednesday on the back of a weaker yen and strengthening expectations for earnings growth, sending the benchmark Nikkei Stock Average above the 15,000-point level for the first time in more than five years. Continue reading
Pakistan’s Sharif gets resounding election victory
LAHORE, Pakistan (AP) — Former Pakistani Prime Minister Nawaz Sharif looked poised to return to office with a resounding election victory — a mandate that could make it easier to tackle the country's daunting problems, including growing power outages, weak economic growth and shaky government finances. Continue reading
Asia stocks rise after Dow hits another record
BANGKOK (AP) — Asian stock markets rose Thursday on the heels of another record high on Wall Street and an interest rate cut in South Korea to boost economic growth. Continue reading
Emerging-Market Growth Slows, HSBC Says
Growth in China and other emerging markets slowed to its weakest level in more than 18 months in April, according to HSBC Holdings PLC (HBC). Continue reading
PBOC Official Says Bank Credit Unlikely to Slow
Credit growth at Chinese banks is unlikely to slow markedly in the near term as the nation is too dependent on bank lending for its financing needs, Sheng Songcheng, head of the central bank’s statistics and analysis department, wrote in an essay. Continue reading
Advisory: Nikkei suffers longest losing streak since November
(Please ignore this Nikkei stock market report. This was released on Thursday, May 2 and has been sent accidentaly on May 3) By Dominic Lau TOKYO, May 2 (Reuters) – Japan's Nikkei average fell for a fourth straight session on Thursday, its worst losing streak since November, just before Prime Minister Shinzo Abe began promising to revive growth, dubbed as “Abenomics” that has spurred a massive stock rally Continue reading
Stocks Close Higher on European Stimulus, Job Outlook
NEW YORK (TheStreet) — Stocks rallied Thursday as the European Central Bank lowered interest rates in a sign that policymakers are willing to take further actions to revive their moribund economies while investors embraced reports that showed improvement in U.S. Continue reading
DBS 1st Quarter Net Rises 2%
DBS Group Holdings Ltd.’s (D05.SG) first-quarter net profit rose 2% on loan and deposit growth and strong non-interest income, it said on Thursday. Continue reading
Viacom and CBS beat expectations in tough TV ad market
By Jennifer Saba and Liana B. Baker (Reuters) – Sumner Redstone had a good day on Wednesday as his two companies Viacom Inc and CBS Corp reported quarterly results that beat Wall Street estimates on the back of unexpectedly strong TV advertising revenue. Continue reading
