Tag Archives: level
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
ASIA MARKETS: Japan Stocks Hit Multi-year Highs, Leading Asia
Japanese stocks on Monday jumped to their highest level in more than five years, boosted by an improved profit outlook and further yen weakness after the Group of Seven major economies refrained from criticizing Tokyo’s easing policies. Continue reading
Singapore Dollar Slips To 11-day Low Against US Dollar
SINGAPUR (dpa-AFX) – The Singapore dollar extended yesterday’s downtrend against its U.S. counterpart on Friday morning in Asia, falling to 1.2360, its weakest level since April 29.On the downside… 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
Stocks tick higher, led by banks
Stocks edged higher Monday, boosted by banks, but trading was largely muted with no major economic news on tap and as investors hesitated to jump in after the Dow and S&P 500 hit record highs last week. “Our next near term target for the S&P is in the 1,640 to 1,650 area. However, you could just as easily get a pullback to test the 1,600-1,597 level in the short-term,” wrote Elliot Spar, m.. Continue reading
Stocks rally but bull may still lose its party hat
Stocks enter the week ahead, energized by new highs, and less concerned about the economic headwinds that have been worrying markets.But that doesn’t mean traders have abandoned the debate about whether investors will “sell in May and go away,” pocketing some of the 13 percent gains in stock prices year-to-date.The S&P 500 Friday vaulted above the psychological 1600 level for the first time, a… Continue reading
ASIA MARKETS: Australia Stocks Rally, But Japan Drops
Most Asian markets rose early Tuesday after a strong finish on Wall Street, with Australian shares climbing to their best level in years and Hong Kong rallying as well, though Japanese blue-chips declined as the yen strengthened. Continue reading
ASIA MARKETS: Sydney, Seoul Stocks Rally, But Tokyo Retreats
Most Asian markets rallied Tuesday after a strong finish on Wall Street and amid hopes for looser monetary conditions at global central banks, with Australian stocks hitting their highest level in more than four years as banks jumped after an upbeat earnings report. Continue reading
Malaysian Ringgit Climbs To More Than 2-month High Against U.S. Dollar
KUALA LUMPUR (dpa-AFX) – The Malaysian Ringgit gained ground against the American currency in Asia on Thursday.The ringgit advanced to 3.0793 against the greenback, a level not seen since February… Continue reading
U.S. auto sales on target for best rate in six years
March U.S. Continue reading
