Asian stocks retreat as fears resurface about Europe debt crisis, China inflation stays high

October 14, 2011 7:11 AM16 comments
Asian stocks retreat as fears resurface about Europe debt crisis, China inflation stays high

HONG KONG – Asian stocks were mostly lower Friday as investors worried about uncertainty over corporate earnings and Europe’s debt crisis while China said inflation eased but stayed high. European stocks rose amid hopes a meeting of Group of 20 finance ministers and central bankers in Paris would make headway […]

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Asian Stocks End Lower After Rating Downgrades

6:59 AM3 comments
Asian Stocks End Lower After Rating Downgrades

Asian stocks retreated on Friday, as a downgrade to Spain’s long-term debt rating by Standard & Poor’s and a move by Fitch Ratings to put several U.S. and European lenders, including Goldman Sachs and Morgan Stanley, on review for possible downgrades threatened to prolong the euro-region debt crisis. Data that […]

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eMediaWorld – Asian Market Reports

October 11, 2011 7:59 AM39 comments
eMediaWorld – Asian Market Reports

Banks and exporters shine The Nikkei rose the most in two weeks on Tuesday after Europe’s powerhouses pledged to support European banks and minimise the eurozone’s debt crisis. The benchmark Nikkei 225 index closed up 168 points at 8,774 in Tokyo. Optimism was high in Tokyo as European leaders pledged […]

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