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18th March, 2013
Asian markets tumble on Cyprus bailout deal
"But I suspect that we are going to hear reassurances from other countries that Cyprus is different and that this plan will not be put in place elsewhere," said economist.
"But I suspect that we are going to hear reassurances from other countries that Cyprus is different and that this plan will not be put in place elsewhere," said economist.
5th March, 2013
StanChart profits hit record $6.9 bln, cuts bonus pool
London-listed Standard Chartered on Tuesday reported a pretax profit of $6.9 billion for 2012, up from $6.8 billion in 2011 but short of the average analyst forecast of $7 billion.
London-listed Standard Chartered on Tuesday reported a pretax profit of $6.9 billion for 2012, up from $6.8 billion in 2011 but short of the average analyst forecast of $7 billion.
24th January, 2013
Asian markets lifted by China data, Wall St rally
However, regional tech firms were weighed by disappointing earnings from Apple, and Tokyo and Seoul were dented by more downbeat economic data.
However, regional tech firms were weighed by disappointing earnings from Apple, and Tokyo and Seoul were dented by more downbeat economic data.
7th December, 2012
ADB cuts Asia growth forecasts on India’s slowdown
ADB's growth forecast for China this year remained at 7.7 per cent, while India's estimated rate fell from 5.6 per cent to 5.4 per cent for the 2012 fiscal year.
ADB's growth forecast for China this year remained at 7.7 per cent, while India's estimated rate fell from 5.6 per cent to 5.4 per cent for the 2012 fiscal year.
5th September, 2012
Asian markets slip on weak US manufacturing
The disappointing US data followed poor numbers on factory activity from Asia and Europe but dealers looked forward to a European Central Bank meeting.
The disappointing US data followed poor numbers on factory activity from Asia and Europe but dealers looked forward to a European Central Bank meeting.
4th September, 2012
Asian markets down, euro up ahead of ECB meeting
The losses come after a broad regional rally following downbeat manufacturing figures that raised hopes for a fresh round of stimulus measures and monetary easing.
The losses come after a broad regional rally following downbeat manufacturing figures that raised hopes for a fresh round of stimulus measures and monetary easing.
3rd September, 2012
Oil market steady amid weak Chinese data
China's manufacturing activity fell to its lowest level in more than three years in August as the global economic slowdown continues to weigh.
China's manufacturing activity fell to its lowest level in more than three years in August as the global economic slowdown continues to weigh.
3rd September, 2012
Asian markets mostly rise on stimulus hopes
The downbeat figures out of China added to expectations of more stimulus measures in the United States following strong hints from Federal Reserve chief.
The downbeat figures out of China added to expectations of more stimulus measures in the United States following strong hints from Federal Reserve chief.
28th August, 2012
Asian shares mixed before Fed chief speech
Asian shares have been driven higher in August on hopes of fresh central bank stimulus but the euphoria has been tempered in recent sessions.
Asian shares have been driven higher in August on hopes of fresh central bank stimulus but the euphoria has been tempered in recent sessions.
27th August, 2012
Asian stocks mixed on stimulus hopes, Samsung falls
Investors are now looking ahead for further clues to Fed chairman Ben Bernanke's speech at an annual economic policy symposium.
Investors are now looking ahead for further clues to Fed chairman Ben Bernanke's speech at an annual economic policy symposium.
27th August, 2012
Euro mixed in Asian trade
There has been rising speculation that the ECB would restart a bond buying programme to tame borrowing rates among troubled eurozone countries.
There has been rising speculation that the ECB would restart a bond buying programme to tame borrowing rates among troubled eurozone countries.
24th August, 2012
Asian markets fall on signs of fading growth
Traders were dismayed by US data showing the number of people seeking unemployment assistance rose for a second straight week.
Traders were dismayed by US data showing the number of people seeking unemployment assistance rose for a second straight week.
21st August, 2012
Asian markets rise on hopes for ECB help
Early gains were supported by lingering hopes that the European Central Bank might buy bonds to help some European countries reduce their borrowing costs.
Early gains were supported by lingering hopes that the European Central Bank might buy bonds to help some European countries reduce their borrowing costs.
21st August, 2012
Oil turns higher in Asia
Crude prices were “choppy... as investors worried about the ECB's ability to address the eurozone debt crisis, while tight North Sea supplies and Middle East turmoil limited losses.
Crude prices were “choppy... as investors worried about the ECB's ability to address the eurozone debt crisis, while tight North Sea supplies and Middle East turmoil limited losses.
20th August, 2012
Asian markets lower, weaker yen buoys Tokyo
The dollar strengthened in Asian trade following a raft of economic data for the July-August period that was, if not full of spark, notably not negative.
The dollar strengthened in Asian trade following a raft of economic data for the July-August period that was, if not full of spark, notably not negative.
17th August, 2012
Asian stocks up on US housing data, Cisco earnings
''Asian markets are mainly up because of the better close on Wall Street which provided a bit of confidence to risk appetite."
''Asian markets are mainly up because of the better close on Wall Street which provided a bit of confidence to risk appetite."
16th August, 2012
Asian markets climb, yen boosts Tokyo
Exporters on Japan's Nikkei were the main beneficiaries of the weakening yen, which eased to a four-week low against the dollar.
Exporters on Japan's Nikkei were the main beneficiaries of the weakening yen, which eased to a four-week low against the dollar.
15th August, 2012
Asia markets slip despite positive US, Europe data
The falls came despite news that US retail sales rose by a better-than-expected 0.8 per cent in July, breaking a three-month losing streak.
The falls came despite news that US retail sales rose by a better-than-expected 0.8 per cent in July, breaking a three-month losing streak.
14th August, 2012
Oil mixed in Asia as Iran concerns grow
The US insisted that there is still time for a diplomatic way out of the West's nuclear showdown with Iran, which denies claims it is trying to build a nuclear bomb.
The US insisted that there is still time for a diplomatic way out of the West's nuclear showdown with Iran, which denies claims it is trying to build a nuclear bomb.
14th August, 2012
Euro stronger in Asian trade
The euro's rise against the dollar follows a successful Italian debt auction and a smaller-than-expected contraction in Greece's second-quarter GDP.
The euro's rise against the dollar follows a successful Italian debt auction and a smaller-than-expected contraction in Greece's second-quarter GDP.
