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Weakness in europe keeps global equities subdued
Business, Published on 31/10/2016
» Recap: Global equities were affected by poor sentiment led by European stocks, which fell for the entire week on disappointing corporate results. The European Central Bank is expected to now consider further stimulus to spur the lacklustre euro zone. The US Federal Reserve, meanwhile, is seen as moving closer to raising interest rates as third-quarter GDP growth of 2.9% exceeded expectations.
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.
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.
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.