Showing 1 - 10 of 12
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.
10 likely consequences of 'No' vote
News, Mohamed A El-Erian, Published on 08/07/2015
» By heeding their government's advice and voting "No" in the referendum on Sunday, Greek citizens sent an unambiguous message.
Hope in greece and Ukraine helps lift global stocks
Business, Published on 16/02/2015
» Recap: Global bourses early last week were jolted by nerves over Greece's finances, and downbeat Chinese trade data, but rebounded later on a peace agreement in Ukraine and European Central Bank approval of more emergency liquidity to Greece. The Thai stock market also rose slightly.
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.
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.
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.
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.
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.
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.