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Search Result for “new year”

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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

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

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.

BUSINESS

Asia stocks up in New Year trade

AFP, Published on 02/01/2015

» HONG KONG — Asian markets started 2015 on an upswing in limited trading on Friday, with mainland Chinese stocks surging in Hong Kong on speculation Beijing may ease monetary policy to boost slowing growth.