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BUSINESS

ECB holds key rates steady

Published on 16/07/2015

» FRANKFURT — The European Central Bank held its key interest rates steady, as expected, at its regular policy meeting on Thursday, a spokesman said.

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BUSINESS

Tokyo stock market hits 15-year high

Published on 20/05/2015

» HONG KONG/LONDON — Tokyo's stock market hit a 15-year high Wednesday as Seoul and Shanghai also rose, but Hong Kong and other Asian markets retreated after recent gains.

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BUSINESS

Asian markets jittery over Greece woes

Published on 05/02/2015

» HONG KONG — Concerns about Greece's plans to renegotiate its bailout rattled Asian markets Thursday and put pressure on the euro, while Shanghai and Hong Kong reversed early gains despite China cutting the amount of funds banks must hold in reserve.

BUSINESS

Asia stocks surge on ECB move

Published on 23/01/2015

» HONG KONG — Asian equity markets rallied Friday after the European Central Bank (ECB) announced a huge cash injection to kickstart the eurozone economy, while crude prices surged on news the monarch of oil kingpin Saudi Arabia had died.

BUSINESS

Asia stocks mostly higher

Published on 22/01/2015

» HONG KONG — Asian markets extended their rally this week, while the euro dipped ahead of a much-anticipated European Central Bank policy meeting that is forecast to see it introduce more monetary easing measures.

BUSINESS

Asia markets rise

Published on 20/01/2015

» HONG KONG — Asian markets mostly rose Tuesday after China released data showing its economy grew a little faster than expected, while speculation swirled that the European Central Bank would embark on a huge stimulus programme.

BUSINESS

Asia markets mostly up

Published on 19/01/2015

» HONG KONG — Asian stock markets mostly rose Monday following a rally on Wall Street and a strong pick-up in oil prices, but Shanghai plunged almost 8% after regulators punished three major brokerages for rule violations.

BUSINESS

Oil prices hurt Asia markets

Published on 14/01/2015

» HONG KONG — Oil prices fell further Wednesday, heading to six-year lows, while crude's weakness continues to test investor confidence, pushing the yen up and weighing on Asian equities.

BUSINESS

Asian markets boosted by US data

Published on 08/01/2015

» HONG KONG — Asian equity markets mostly rallied Thursday on strong US data and expectations for fresh eurozone stimulus measures, while oil prices gave up early gains to resume their downward trend after a surge in New York.

BUSINESS

Shanghai leads Asia markets

Published on 05/01/2015

» HONG KONG — Shanghai shares began the new year the same way they ended 2014, surging almost 4% Monday, while the euro touched an almost nine-year low against the dollar on expectations of fresh European Central Bank (ECB) stimulus.